U.S. Markets closed

Abbott Labs Earnings, Revenue Beat in Q1

Investing.com - Abbott Labs (NYSE:ABT) reported first quarter earnings that Beat analysts' expectations on Wednesday and revenue that topped forecasts.

The firm reported earnings per share of $0.63 on revenue of $7.54B. Analysts polled by Investing.com forecast EPS of $0.61 on revenue of $7.47B. That compared to EPS of $0.59 on revenue of $7.39B in the same period a year earlier. The company had reported EPS of $0.81 on revenue of $7.77B in the previous quarter.

Abbott Labs shares gained 0.55% to trade at $76.80 in pre-market trade following the report.

Abbott Labs follows other major Healthcare sector earnings this month

On Tuesday, J&J reported first quarter EPS of $2.1 on revenue of $20.02B, compared to forecasts of EPS of $2.04 on revenue of $19.62B.

LivaNova PLC earnings missed analysts' expectations on February 27, with fourth quarter EPS of $0.95 on revenue of $297M. Investing.com analysts expected EPS of $1.1 on revenue of $294.99M

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Related Articles

U.S. pilot program allows online grocery shopping with food stamps

Norway stocks higher at close of trade; Oslo OBX up 0.22%

Russia stocks lower at close of trade; MOEX Russia down 0.29%