Abbott Laboratories (ABT) narrows 2024 earnings guidance, shares slip

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Abbott Reports First-Quarter 2024 Results and Raises Midpoint of Full-Year Guidance Ranges

April 17, 2024 7:30 AM EDT

Sales of $10.0 billion driven by strong underlying base business performance Reported sales increased 2.2 percent, which includes the impact from the anticipated decline in COVID-19 testing-related sales versus prior yearOrganic sales growth for underlying base business of 10.8 percent, which represents the fifth consecutive quarter of double-digit growth1

ABBOTT PARK, Ill., April 17, 2024 /PRNewswire/ -- Abbott (NYSE: ABT) today announced financial results for the first quarter ended... More