Abbott (ABT) Tops Q2 EPS by 1c, Updates FY EPS Guidance

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Go back to Abbott (ABT) Tops Q2 EPS by 1c, Updates FY EPS Guidance

Abbott Reports Second-Quarter 2017 Results

July 20, 2017 7:45 AM EDT

ABBOTT PARK, Ill., July 20, 2017 /PRNewswire/ -- Abbott (NYSE: ABT) today announced financial results for the second quarter ended June 30, 2017.

Second-quarter worldwide sales of $6.6 billion increased 24.4 percent on a reported basis and 2.9 percent on a comparable operational* basis. Reported diluted EPS from continuing operations under GAAP was $0.15 in the second quarter. Excluding specified items, adjusted diluted EPS from continuing operations was $0.62 in the second quarter, above the previous guidance range of $0.59 to $0.61. Abbott is raising its full-year 2017 EPS guidance range, which continues to reflect double-digit growth. Abbott... More