Abbott (ABT) Reports In-Line Q4 EPS; Guides FY17 EPS In-Line

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Go back to Abbott (ABT) Reports In-Line Q4 EPS; Guides FY17 EPS In-Line

Abbott Reports Fourth-Quarter 2016 Results

January 25, 2017 7:45 AM EST

ABBOTT PARK, Ill., Jan. 25, 2017 /PRNewswire/ -- Abbott (NYSE: ABT) today announced financial results for the fourth quarter ended Dec. 31, 2016.

Reported diluted EPS from continuing operations under GAAP was $0.51 in the fourth quarter. Excluding specified items, adjusted diluted EPS from continuing operations was $0.65 in the fourth quarter, in-line with the previous guidance range. Fourth-quarter worldwide sales of $5.3 billion increased 2.8 percent on a reported basis and 3.8 percent on an operational basis. Full-year worldwide sales increased 2.2 percent on a reported basis and 4.8 percent on an operational basis. Abbott issues... More