Abbott (ABT) Q1 Earnings Beat Estimates, Margins Contract [Yahoo! Finance]
Abbott Laboratories (ABT)
Last abbott laboratories earnings: 4/16 07:30 am
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Source: Yahoo! Finance
2.1%. However, the adjusted figure decreased 4.9% from the prior-year quarter's level. The quarter's adjustments include 28 cents of certain non-recurring items. GAAP EPS came in at 70 cents, down 6.7% year over year. First-quarter worldwide sales of $9.96 billion were up 2.2% year over year on a reported basis. The top line exceeded the Zacks Consensus Estimate by 1.2%. Organically, sales improved 4.7% year over year. On an organic basis (excluding the impact of COVID-19 testing sales), sales rose 10.8% year over year in the reported quarter. Q1 Results in Detail Abbott operates through four segments — Established Pharmaceuticals, Medical Devices, Nutrition and Diagnostics. In the first quarter, Established Pharmaceuticals' product sales increased 3.1% on a reported basis (up 13.7% on an organic basis) to $1.23 billion. Organic sales in key emerging markets improved 15.4% year over year. This was led by growth in several geographies and therapeutic areas, including resp
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ABT
Earnings
- 4/17/24 - Beat
ABT
Sec Filings
- 4/29/24 - Form 8-K
- 4/17/24 - Form 8-K
- 4/2/24 - Form 4
- ABT's page on the SEC website