ABB: Q3 Earnings Insights

ABB ABB reported its Q3 earnings results on Thursday, October 20, 2022 at 01:00 AM.

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

ABB missed estimated earnings by 50.0%, reporting an EPS of $0.19 versus an estimate of $0.38.

Revenue was up $378.00 million from the same period last year.

Last quarter the company missed on EPS by $0.11 which was followed by a 0.59% drop in the share price the next day.

Here's a look at ABB's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.31	0.26	0.40	0.38
EPS Actual	0.20	0.31	0.33	0.33
Revenue Estimate	7.47B	7.09B	7.31B	7.36B
Revenue Actual	7.25B	6.96B	7.57B	7.03B

To track all earnings releases for ABB visit their earnings calendar here.

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