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Stock impact report

Should You Continue to Retain Abbott Stock in Your Portfolio Now? [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
The Diabetes Care business continued to benefit from the growing sales of its flagship, sensor-based continuous glucose monitoring system, FreeStyle Libre. Within Established Pharmaceuticals (“EPD”), the company is driving robust growth in key therapeutic areas and advancing in the biosimilar strategy. However, macroeconomic impacts and adverse currency fluctuations may hurt Abbott's financial performance. In the past year, this Zacks Rank #3 (Hold) stock has rallied 26.4% compared with the 9% rise of the industry and 8.8% growth of the S&P 500 composite. The healthcare giant has a market capitalization of $231.38 billion. The company's earnings yield of 3.9% is well above the industry's 0.5%. Abbott surpassed estimates in three of the trailing four quarters and broke even in one, delivering an average earnings surprise of 1.6%. Strong Prospects Within Core Diagnostics: Abbott continues to expand its Diagnostics business foothold (consisting of 20% of the total revenues in the f Show less Read more
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