Abbott (ABT) Tops Q4 EPS by 2c, Updates FY Guidance

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Go back to Abbott (ABT) Tops Q4 EPS by 2c, Updates FY Guidance

Abbott Reports Second-Quarter 2018 Results

July 18, 2018 7:45 AM EDT

ABBOTT PARK, Ill., July 18, 2018 /PRNewswire/ -- Abbott (NYSE: ABT) today announced financial results for the second quarter ended June 30, 2018.

Second-quarter worldwide sales of $7.8 billion increased 17.0 percent on a reported basis and 8.0 percent on an organic* basis. Reported diluted EPS from continuing operations under GAAP was $0.40 in the second quarter. Adjusted diluted EPS from continuing operations, which excludes specified items, was $0.73, above Abbott's previous guidance range. Abbott is raising its full-year 2018 EPS guidance range, which continues to reflect strong double-digit growth. Abbott projects full-year... More