Abbott (ABT) Tops Q1 EPS by 2c, Offers Outlook
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Price: $106.42 -0.44%
EPS Growth %: -4.9%
Financial Fact:
Net Sales: 5.3B
Today's EPS Names:
FRSB, DGICA, UXIN, More
EPS Growth %: -4.9%
Financial Fact:
Net Sales: 5.3B
Today's EPS Names:
FRSB, DGICA, UXIN, More
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Abbott (NYSE: ABT) reported Q1 EPS of $0.63, $0.02 better than the analyst estimate of $0.61. Revenue for the quarter came in at $7.5 billion versus the consensus estimate of $7.47 billion.
GUIDANCE:
Abbott sees FY2019 EPS of $3.15-$3.25, versus the consensus of $3.21.
- Abbott is issuing second-quarter 2019 guidance for diluted earnings per share from continuing operations under GAAP of $0.47 to $0.49. Abbott forecasts specified items for the second quarter 2019 of $0.32 per share primarily related to intangible amortization, acquisition-related expenses, cost reduction initiatives and other expenses. Excluding specified items, projected adjusted diluted earnings per share from continuing operations would be $0.79 to $0.81 for the second quarter.
- (Consensus sees Q2 EPS of $0.80)
For earnings history and earnings-related data on Abbott (ABT) click here.
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