ABB Names Timo Ihamuotila as New Chief Financial Officer

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ABB Ltd. (ABB) Tops Q3 EPS by 2c; Offers Near-Term Outlook

October 27, 2016 8:53 AM EDT

ABB Ltd. (NYSE: ABB) reported Q3 EPS of $0.32, $0.02 better than the analyst estimate of $0.30. Revenue for the quarter came in at $8.26 billion versus the consensus estimate of $8.38 billion.

We delivered the eighth consecutive quarter of margin accretion through our continued focus on execution, said CEO Ulrich Spiesshofer. In the third quarter, we experienced significant macro uncertainties around... More