NORTH CHICAGO, Ill. (AP) _ AbbVie Inc. (ABBV) on Friday reported third-quarter net income of $2.31 billion.

On a per-share basis, the North Chicago, Illinois-based company said it had net income of $1.29. Earnings, adjusted for amortization costs and costs related to mergers and acquisitions, came to $2.83 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.75 per share.

The drugmaker posted revenue of $12.9 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $12.67 billion.

AbbVie expects full-year earnings in the range of $10.47 to $10.49 per share.

AbbVie shares have fallen nearly 9% since the beginning of the year, while the Standard & Poor's 500 index has climbed 2.5%. The stock has increased almost 3% in the last 12 months.

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

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