Abbott (ABT) Reports In-Line Q3 EPS, Offers Q4 Guidance

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Abbott Reports Third-Quarter 2018 Results

October 17, 2018 7:45 AM EDT

ABBOTT PARK, Ill., Oct. 17, 2018 /PRNewswire/ -- Abbott (NYSE: ABT) today announced financial results for the third quarter ended Sept. 30, 2018.

Third-quarter worldwide sales of $7.7 billion increased 12.1 percent on a reported basis and 7.8 percent on an organic* basis. Reported diluted EPS from continuing operations under GAAP was $0.31 in the third quarter. Adjusted diluted EPS from continuing operations, which excludes specified items, was $0.75. Abbott narrowed its full-year 2018 diluted EPS guidance range from continuing operations on a GAAP basis to $1.33 to $1.35 and adjusted diluted EPS from... More