earnings
confidence high
sentiment negative
materiality 0.85
AbbVie cuts Q4 2025 adjusted EPS guidance by $0.71 on $1.265B IPR&D charge
AbbVie Inc.
2025-FY EPS
reported $2.36
vs consensus $2.71
▼ miss
(-12.8%)
- Q4 2025 adjusted EPS guidance revised to $2.61-$2.65 from prior $3.32-$3.36.
- Full-year 2025 adjusted EPS guidance lowered to $9.90-$9.94 from $10.61-$10.65.
- Pre-tax acquired IPR&D and milestones expense of $1,265M (unfavorable $0.71 to GAAP and adjusted EPS).
- Q4 2025 results not finalized; expense relates to collaborations and licensing deals.
- AbbVie does not forecast IPR&D/milestones expense due to uncertainty.