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Benzinga
32 days

These Analysts Revise Their Forecasts On Abbott Following Q2 Results

1. Abbott's Q2 sales reached $11.14 billion, beating expectations. 2. Adjusted earnings were $1.26, above consensus of $1.25. 3. Adjusted earnings guidance for 2025 was narrowed to $5.10-$5.20 per share. 4. Stock dipped 8.5% despite positive growth rates. 5. Analysts adjusted price targets, with BTIG maintaining a Buy recommendation.

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FAQ

Why Bearish?

Despite reporting strong earnings, lowered projections and a significant stock dip create a bearish outlook.

How important is it?

Earnings reports impact investor perception and stock value, particularly through revised guidance.

Why Short Term?

Immediate reactions to earnings results can influence stock performance in the coming weeks.

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