Abbott Laboratories: Q1 Earnings Insights

 

Abbott Laboratories ABT reported its Q1 earnings results on Wednesday, April 20, 2022 at 07:30 AM.

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

Earnings

Abbott Laboratories beat estimated earnings by 17.69%, reporting an EPS of $1.73 versus an estimate of $1.47.

Revenue was up $1.44 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on 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:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.21 0.94 1.02 1.27
EPS Actual 1.32 1.40 1.17 1.32
Revenue Estimate 10.71B 9.54B 9.69B 10.69B
Revenue Actual 11.47B 10.93B 10.22B 10.46B

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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