1 month ago
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Abbott Labs Earnings in Line, Revenue Misses In Q4

Investing.com - Abbott Labs (NYSE:ABT) reported fourth quarter earnings that matched analysts' expectations on Wednesday and revenue that fell

Investing.com - Abbott Labs (NYSE:ABT) reported fourth quarter earnings that matched analysts' expectations on Wednesday and revenue that fell short of forecasts.

The firm reported earnings per share of $0.81 on revenue of $7.77B. Analysts polled by Investing.com forecast EPS of $0.81 on revenue of $7.81B. That compared to EPS of $0.74 on revenue of $7.59B in the same period a year earlier. The company had reported EPS of $0.75 on revenue of $7.66B in the previous quarter.

Abbott Labs shares gained 0.01% to trade at $71.50 in pre-market trade following the report.

Abbott Labs follows other major Healthcare sector earnings this month


On Tuesday, J&J reported fourth quarter EPS of $1.97 on revenue of $20.39B, compared to forecasts of EPS of $1.95 on revenue of $20.2B.

McKesson earnings beat analyst's expectations on October 25, 2018, with second quarter EPS of $3.6 on revenue of $53.08B. Investing.com analysts expected EPS of $3.28 on revenue of $53.56B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar