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Stock impact report

Results: Abbott Laboratories Beat Earnings Expectations And Analysts Now Have New Forecasts [Yahoo! Finance]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Yahoo! Finance
Abbott Laboratories reported US$10.0b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$0.70 beat expectations, being 6.2% higher than what the analysts expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. See our latest analysis for Abbott Laboratories Taking into account the latest results, the consensus forecast from Abbott Laboratories' 23 analysts is for revenues of US$41.7b in 2024. This reflects a modest 3.4% improvement in revenue compared to the last 12 months. Per-share earnings are expected to increase 5.7% to US$3.42. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$42.0b and earnings per share (EPS) of US$3. Show less Read more
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