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2 Pharma Stocks Buzzing in the Options Pits After Earnings
ABBVAbbVie(ABBV) Schaeffers Investment Research·2025-04-25 22:32

Pharmaceutical stocks are making headlines today, after two U.S.-based sector heavyweights stepped into the earnings confessional this morning and last night. Options traders are reacting accordingly.AbbVie Inc (NYSE:ABBV) is up 1.1% to trade at 182.53,afterthecompanyreportedadjustedfirstquarterearningsof182.53, after the company reported adjusted first-quarter earnings of 2.46 per share on 13.3billioninrevenue,bothofwhichexceededanalystexpectations.AbbViealsoraiseditsfullyearoutlook,expectingitsflagshippsoriasisdrugSkyrizitotakein13.3 billion in revenue, both of which exceeded analyst expectations. AbbVie also raised its full-year outlook, expecting its flagship psoriasis drug Skyrizi to take in 16.5 ...