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ABT
Benzinga
34 days

Abbott Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

1. ABT expected to report Q2 earnings of $1.25 per share. 2. Projected revenue for Q2 is $11.02 billion, up from $10.38 billion. 3. The FDA approved ABT's Tendyne™ mitral valve replacement system. 4. Analysts have mostly positive ratings with increased price targets. 5. Shares of ABT rose 0.1% to close at $131.49.

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FAQ

Why Bullish?

Expected earnings growth and FDA approval can drive stock price upward, similar to past earnings influences.

How important is it?

Positive earnings forecast and regulatory approval directly influence investor sentiment and stock valuation.

Why Short Term?

Earnings results and FDA approval effects are likely to influence ABT's stock price immediately.

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