Recap: Abbott Laboratories Q2 Earnings

 

Abbott Laboratories ABT reported its Q2 earnings results on Wednesday, July 20, 2022 at 07:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Abbott Laboratories beat estimated earnings by 27.68%, reporting an EPS of $1.43 versus an estimate of $1.12.

Revenue was up $1.03 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.26 which was followed by a 0.6% increase in the share price the next day.

Here’s a look at Abbott Laboratories’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.47 1.21 0.94 1.02
EPS Actual 1.73 1.32 1.40 1.17
Revenue Estimate 11.02B 10.71B 9.54B 9.69B
Revenue Actual 11.89B 11.47B 10.93B 10.22B

To track all earnings releases for Abbott Laboratories visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



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