© Reuters. Abbott Labs Earnings, Revenue Beat in Q2
Investing.com – Abbott Labs (NYSE:) reported on Thursday second quarter that beat analysts’ forecasts and revenue that topped expectations.
Abbott Labs announced earnings per share of $1.17 on revenue of $10.22B. Analysts polled by Investing.com anticipated EPS of $1.02 on revenue of $9.69B.
Abbott Labs shares are up 8% from the beginning of the year, still down 7.44% from its 52 week high of $128.54 set on February 12. They are under-performing the S&P 500 which is up 16.04% from the start of the year.
Abbott Labs follows other major Healthcare sector earnings this month
Abbott Labs’s report follows an earnings beat by J&J on Wednesday, who reported EPS of $2.48 on revenue of $23.31B, compared to forecasts EPS of $2.29 on revenue of $22.5B.
Intuitive Surgical had beat expectations on Tuesday with second quarter EPS of $3.92 on revenue of $1.46B, compared to forecast for EPS of $3.07 on revenue of $1.27B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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