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Company News for Jul 18, 2019

Zacks Equity Research
  • Shares of Abbott Laboratories ABT climbed 3.1% after the company reported second-quarter 2019 adjusted earnings per share of $0.82, beating the Zacks Consensus Estimate of $0.80
  • LM Ericsson ERIC shares plunged 11% after posting second-quarter 2019 adjusted earnings per share of $0.06, missing the Zacks Consensus Estimate by a penny
  • U.S. Bancorp’s USB shares gained 2.2% after the company posted second-quarter 2019 adjusted earnings per share of $1.09, surpassing the Zacks Consensus Estimate of $1.07
  • Shares of Textron Inc. TXT plummeted 9.5% after the company posted second-quarter 2019 revenues of $3,227 million, lagging the Zacks Consensus Estimate of $3,359 million


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