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AbbVie Poised for Q3 Top-Line Beat Driven by Rinvoq, Skyrizi, and Vraylar Therapies, RBC Says

AbbVie Poised for Q3 Top-Line Beat Driven by Rinvoq, Skyrizi, and Vraylar Therapies, RBC Says

MT newswireMT newswire2026/10/13 16:13
12:13 PM EDT, 10/13/2026 (MT Newswires) -- AbbVie (ABBV) is poised for a top-line beat in Q3, driven by its Rinvoq, Skyrizi, and Vraylar therapies, with Heme-Onc expected to be in-line and Humira to miss estimates, RBC Capital Markets said in a Tuesday note. RBC projected Q3 revenue of $17.58 billion compared with consensus of $17.32 billion, and said its quarterly earnings per share estimate of $3.83 sits below consensus of $3.87, due to higher operational expenses and $216 million in in-process research and development related to the Apogee acquisition. Additionally, RBC said that Inflation Reduction Act-driven driven pricing erosion is expected to continue in the oncology segment, keeping quarterly results there in-line with expectations, while the neuro franchise will benefit from Vraylar coming in with a strong print. AbbVie is scheduled to report its Q3 results on Oct. 30. RBC maintained its outperform rating with a $280 price target. Price: 276.59, Change: -4.53, Percent Change: -1.61
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