Abbott Laboratories's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Abbott Laboratories (NYSE:ABT) is set to release its quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $1.10. The company's past performance shows a pattern of beating EPS estimates, which has sometimes led to an increase in share price. However, the stock has been down 6.06% over the last 52-week period.
October 17, 2023 | 2:01 pm
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Abbott Laboratories is expected to report an EPS of $1.10 in its upcoming earnings. The company has a history of beating EPS estimates, which could potentially lead to a short-term increase in share price. However, the stock has been down 6.06% over the last year.
The upcoming earnings report is highly relevant to Abbott Laboratories' stock. The company's history of beating EPS estimates could potentially lead to a short-term increase in share price. However, the overall negative trend in the stock's performance over the past year may temper any potential gains.
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