Particle.news

Download on the App Store

AbbVie Raises 2025 Profit Forecast Following Strong Q1 Growth in Immunology Drugs

Skyrizi and Rinvoq drive an 8% revenue increase, offsetting Humira's decline, while potential U.S. pharmaceutical tariffs remain a looming risk.

A sign stands outside a Abbvie facility in Cambridge, Massachusetts, U.S., May 20, 2021.    REUTERS/Brian Snyder/File Photo
Image
Image

Overview

  • AbbVie increased its 2025 adjusted earnings per share (EPS) forecast to $12.09–$12.29, up from its prior range of $11.99–$12.19.
  • First-quarter revenue grew 8% year-over-year to $13.34 billion, surpassing analyst estimates of $12.92 billion.
  • Sales of Skyrizi and Rinvoq surged to $3.43 billion and $1.72 billion, respectively, both exceeding Wall Street expectations.
  • Global sales of Humira fell by 50% to $1.12 billion, missing projections of $1.32 billion, as biosimilar competition intensified.
  • AbbVie acknowledged that its updated forecast does not account for potential U.S. pharmaceutical tariffs, which remain an unresolved risk.