AbbVie: Q3 Earnings Snapshot

NORTH CHICAGO, Ill. (AP) — NORTH CHICAGO, Ill. (AP) — AbbVie Inc. (ABBV) on Friday reported third-quarter earnings of $4.22 billion.

The North Chicago, Illinois-based company said it had net income of $2.37 per share. Earnings, adjusted for amortization costs and non-recurring costs, came to $3.82 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.74 per share.

The drugmaker posted revenue of $17.4 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $17.37 billion.

AbbVie expects full-year earnings in the range of $13.95 to $13.99 per share.

AbbVie shares have risen 27% since the beginning of the year, while the S&P's 500 index has climbed 13%. The stock has risen 29% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ABBV at https://www.zacks.com/ap/ABBV