Abbott forecasts 2024 earnings largely below estimates, shares down

Go back to Abbott forecasts 2024 earnings largely below estimates, shares down

Abbott (ABT) slips as results, guidance barely meet consensus

January 24, 2024 7:47 AM EST

Abbott (NYSE: ABT) reported fourth-quarter results that met average analyst estimates. Shares fell 2% in response to the released figures.

Adjusted earnings per share (EPS) of $1.19 and revenue of $10.24 billion were in line with the market consensus.

"The strength and diversity of the... More