Abbott Forecasts Q2 2024 Adjusted EPS Of $1.08-$1.12 Versus Consensus Of $1.12
Portfolio Pulse from Benzinga Newsdesk
Abbott has projected its Q2 2024 adjusted earnings per share (EPS) to be in the range of $1.08-$1.12, aligning with the higher end of analyst consensus estimates of $1.12.
April 17, 2024 | 11:37 am
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Abbott projects its Q2 2024 adjusted EPS to be $1.08-$1.12, closely matching the consensus estimate of $1.12.
Abbott's projection of its Q2 2024 adjusted EPS aligns with the higher end of analyst consensus estimates, indicating a positive outlook on its financial performance. This alignment with expectations suggests confidence in the company's operational efficiency and profitability, likely leading to a positive investor sentiment and potential upward movement in its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100