Abbott (ABT) Tops Q4 EPS by 13c; Offers Guidance

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Go back to Abbott (ABT) Tops Q4 EPS by 13c; Offers Guidance

Abbott Reports Strong Fourth-Quarter 2021 Results; Issues 2022 Forecast

January 26, 2022 7:30 AM EST

ABBOTT PARK, Ill., Jan. 26, 2022 /PRNewswire/ -- Abbott (NYSE: ABT) today announced financial results for the fourth quarter and full year ended Dec. 31, 2021, and issued its financial outlook for 2022.

Fourth-quarter sales of $11.5 billion increased 7.2 percent on a reported basis and 7.7 percent on an organic basis, which excludes the impact of foreign exchange. Fourth-quarter GAAP diluted EPS was $1.11 and adjusted diluted EPS, which excludes specified items, was $1.32. Full-year 2021 GAAP diluted EPS from continuing operations was $3.94 and adjusted diluted EPS from continuing operations was $5.21, reflecting 42.7% growth versus the prior... More