Abbott Reaffirms FY23 Adjusted EPS Of $4.30-$4.50 Vs. Consensus Of $4.40
Portfolio Pulse from Benzinga Newsdesk
Abbott Laboratories has reaffirmed its FY23 adjusted earnings per share (EPS) guidance of $4.30-$4.50, which is in line with the consensus estimate of $4.40.

July 20, 2023 | 11:35 am
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Abbott's reaffirmation of its FY23 adjusted EPS guidance aligns with the consensus estimate, indicating stability in the company's financial outlook.
Abbott's reaffirmation of its FY23 adjusted EPS guidance, which is in line with the consensus estimate, indicates that the company's financial outlook is stable. This could maintain investor confidence in the company, but it's unlikely to significantly move the stock price in the short term as it doesn't represent new or unexpected information.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100