Abbott Projects FY23 Adjusted EPS Of $4.42-$4.46 Versus Prior Guidance Of $4.30-$4.50 And Consensus Of $4.18
Portfolio Pulse from Benzinga Newsdesk
Abbott has updated its FY23 adjusted EPS guidance to $4.42-$4.46, which is higher than the consensus of $4.18 but within the previously provided range of $4.30-$4.50.

October 18, 2023 | 11:35 am
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Abbott's revised FY23 adjusted EPS guidance is higher than the market consensus, which could positively impact its stock price.
Abbott's revised FY23 adjusted EPS guidance is higher than the market consensus. This indicates that the company's performance may be better than what the market is expecting, which could lead to an increase in its stock price in the short term.
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