Earnings Outlook For ABB

ABB ABB is set to give its latest quarterly earnings report on Thursday, 2022-02-03. Here's what investors need to know before the announcement.

Analysts estimate that ABB will likely report an Earnings Per Share (EPS) of $0.40.

ABB 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).

Past Earnings Performance

Last quarter the company missed EPS by $0.05, which was followed by a 1.07% increase in the share price the next day.

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

Stock Performance

Shares of ABB were trading at $35.18 as of February 01. Over the last 52-week period, shares are up 21.93%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.