Abbott (ABT) Tops Q3 EPS by 20c, Beats on Revenue, Raises FY22 Guidance

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Go back to Abbott (ABT) Tops Q3 EPS by 20c, Beats on Revenue, Raises FY22 Guidance

Abbott Reports Third-Quarter 2022 Results and Raises Full-Year EPS Guidance

October 19, 2022 7:30 AM EDT

Worldwide sales of $10.4 billion in the third quarterRaises full-year earnings-per-share guidanceContinues to strengthen portfolio with new product approvals and launches

ABBOTT PARK, Ill., Oct. 19, 2022 /PRNewswire/ -- Abbott (NYSE: ABT) today announced financial results for the third quarter ended Sept. 30, 2022.

Third-quarter sales of $10.4 billion decreased 4.7 percent on a reported basis and increased 1.3 percent on an organic basis, which excludes the impact of foreign exchange.GAAP diluted EPS1... More