Abbott's medical device sales hit by China curbs, supply chain issues
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/1/2026
- Wall St kicks off September under pressure as higher yields, oil prices weigh
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- The Warsh pivot markets didn't expect
Abbott (ABT) tops consensus expectations despite decline in Covid-19 testing related sales
January 25, 2023 9:46 AM ESTAbbott (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
