Abbott (ABT) Tops Q1 EPS by 2c, Offers Outlook

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Go back to Abbott (ABT) Tops Q1 EPS by 2c, Offers Outlook

Abbott Reports First-Quarter 2019 Results

April 17, 2019 7:45 AM EDT

ABBOTT PARK, Ill., April 17, 2019 /PRNewswire/ -- Abbott (NYSE: ABT) today announced financial results for the first quarter ended March 31, 2019.

First-quarter worldwide sales of $7.5 billion increased 2.0 percent on a reported basis and 7.1 percent on an organic* basis. Reported diluted EPS from continuing operations under GAAP was $0.38 in the first quarter. Adjusted diluted EPS from continuing operations, which excludes specified items, was $0.63, above the previous guidance range. Abbott projects full-year 2019 diluted EPS from continuing operations on a GAAP basis of $1.95 to $2.05. Projected full-year adjusted diluted EPS from continuing... More