ABB: Building Growth Momentum

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ABB Ltd. (ABB) Reports In-Line Q2 EPS

July 20, 2017 7:07 AM EDT

ABB Ltd. (NYSE: ABB) reported Q2 EPS of $0.30, in-line with the analyst estimate of $0.30. Revenue for the quarter came in at $8.45 billion versus the consensus estimate of $8.46 billion.

Total and base orders grew 3%1; higher orders in all regionsRevenues up 1%Operational EBITA margin2 12.4%, dampened this quarter by commodity prices and some overcapacityNet income $525... More