Abbott Laboratories (NYSE: ABT) reported third quarter 2023 earnings results today. Net sales decreased 2.6% year-over-year to $10.1 billion. On an organic basis, sales fell 1.5%. Net earnings remained relatively unchanged at $1.43 billion compared to the year-ago quarter. GAAP EPS rose 1.2% to $0.82 while adjusted EPS dropped 1% to $1.14. For the full year […]
“Abbott Laboratories (NYSE: ABT) reported third quarter 2023 earnings results today. Net sales decreased 2.6% year-over-year to $10.1 billion. On an organic basis, sales fell 1.5%. Net earnings remained relatively unchanged at $1.43 billion compared to the year-ago quarter. GAAP EPS rose 1.2% to $0.82 while adjusted EPS dropped 1% to $1.14. For the full year […]
· October 18, 2023
Abbott Laboratories (NYSE: ABT) reported third quarter 2023 earnings results today.
Net sales decreased 2.6% year-over-year to $10.1 billion. On an organic basis, sales fell 1.5%.
Net earnings remained relatively unchanged at $1.43 billion compared to the year-ago quarter. GAAP EPS rose 1.2% to $0.82 while adjusted EPS dropped 1% to $1.14.
For the full year of 2023, the company expects GAAP EPS of $3.14-3.18 and adjusted EPS of $4.42-4.46.
