Earnings Preview: Abbott Laboratories

Abbott Laboratories ABT is set to give its latest quarterly earnings report on Wednesday, 2022-04-20. Here's what investors need to know before the announcement.

Analysts estimate that Abbott Laboratories will report an earnings per share (EPS) of $1.47.

Abbott Laboratories bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.11, which was followed by a 0.31% increase in the share price the next day.

Here's a look at Abbott Laboratories's past performance and the resulting price change:

Stock Performance

Shares of Abbott Laboratories were trading at $116.29 as of April 18. Over the last 52-week period, shares are down 3.59%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Abbott Laboratories visit their earnings calendar on our site. to use Benzinga Earnings Calendar.

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