Abbott Reports Fourth-Quarter and Full-Year 2022 Results; Issues 2023 Financial Outlook

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Abbott (ABT) tops consensus expectations despite decline in Covid-19 testing related sales

January 25, 2023 9:46 AM EST

Abbott (NYSE: ABT) shares fell Wednesday despite topping consensus expectations for profit and revenue.

The medical device firm reported adjusted fourth-quarter earnings of $1.03 per share, $0.11 better than the analyst estimate of $0.92.

Revenue for the quarter came in at $10.1 billion versus the consensus estimate of $9.62 billion.... More

Abbott (ABT) Tops Q4 EPS by 11c, Revenues Beat

January 25, 2023 7:31 AM EST

Abbott (NYSE: ABT) reported Q4 EPS of $1.03, $0.11 better than the analyst estimate of $0.92. Revenue for the quarter came in at $10.1 billion versus the consensus estimate of $9.62 billion.

GUIDANCE:

Abbott sees FY2023 EPS of $4.30-$4.50, versus the consensus of $4.40.

For earnings history and earnings-related data on Abbott (ABT) click here.

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