Current location:business >>
Abbott Labs tops Q1 expectations, raises low end of 2024 guidance range
business478People have gathered around
IntroductionABBOTT PARK, Illinois (AP) — Abbott Laboratories reported a first-quarter profit of $1.23 billion We ...
ABBOTT PARK, Illinois (AP) — Abbott Laboratories reported a first-quarter profit of $1.23 billion Wednesday.
The company, based in Abbott Park, Illinois, posted net income of 70 cents per share. Earnings, adjusted for one-time gains and costs, were 98 cents per share.
The results surpassed Wall Street expectations by 2 cents, according to Zacks Investment Research.
The maker of infant formula, medical devices and drugs posted revenue of $9.96 billion in the period, also beating analyst forecasts of $9.85 billion.
Abbott raised the low end of its full-year earnings forecast by five cents. It now expects earnings in the range of $4.55 to $4.70 per share.
Abbott shares, up 10% this year, fell more than 3% Wednesday.
_____
Elements of this story were generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ABT at https://www.zacks.com/ap/ABT
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Iterations news portal”。http://www.videocameralive.com/news-32f399618.html
Related articles
CRAIG BROWN: The killer who wants to be Donald Trump's running mate
businessIn the world of publishing, it has become fashionable for books by politicians to carry urgent, wor ...
【business】
Read more20 Women Model Medical Workers in Anti
businessContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【business】
Read moreMore Foreign Women's Organizations Stand Firm with China in Anti
businessContact Us HomeNewsHighlightACWF NewsSocietyWom ...
【business】
Read more
Popular articles
- Sheer delight! Anya Taylor
- Shen Yueyue Urges Formulation of High
- ACWF to Step up Efforts on Protection of Women and Children's Rights, Interests
- ACWF President Stresses People
- Swiatek rallies against Haddad Maia to reach Madrid Open semis
- ACWF, CMWA Express Regards to Women Medical Workers Fighting Against NCP
Latest articles
DAILY MAIL COMMENT: A very good day for our united kingdom
Enchanting Sydney's streets with Chinese music
ACWF Launches Campaign to Salute Women Role Models in Anti
ACWF President Stresses Greater Efforts in Lifting All Impoverished Women out of Poverty
St. John's Chris Ledlum and Jordan Dingle suing NCAA for denying them 2024
ACWF Calls for Women to Contribute to Economic and Social Development, Regular COVID
LINKS
- Bank of America's Q1 profits fall 18% on higher expenses, charge
- Charlize Theron brings along adorable daughter August, 7, to sit front row at Dior's pre
- Wisconsin Republicans ignore governor's call to spend $125M to combat so
- China reveals cases highlighting ecological security threats
- Hockey business is booming as the NHL bounces back from the pandemic in a big way
- Latest I'm A Celebrity eviction sees campmates at a loss as they struggle to feed themselves
- China to carry out third residents' time use survey
- Dior's VERY star
- U.S. 'world leadership' in the red
- National defense ministry slams 'Taiwan independence' separatists