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News Breaks | | | | July 17, 2012 | | 10:53 EDT |  | ABT | Earnings Preview: Abbott trading near 52-week high ahead of Q2 earnings Abbott (ABT) is expected to report Q2 earnings before the market open on Wednesday, July 18 with a conference call scheduled for 9:00 am ET. Analysts are looking for EPS of $1.22 on revenue of $9.84B. The consensus range is $1.20-$1.23 for EPS, and $9.68B-$10.04B for revenue, according to First Call. After reporiting better-than-expected EPS and revenue in Q1, the company gave a full-year EPS guidance of $5.00-$5.10, and said it expects the split into two publicly traded companies to be completed by the end of the year. Investors will look for further updates on the planned split and its timeline. In the previous quarter, Abbott received FDA approval for its Healon EndoCoat gel and FDA clearance for iFS Advanced Femtosecond Laser. It also had positive clinical results for hepatitus C treatment and rheumatoid arthritis treatment. Earlier in the quarter, RBC Capital said Abbott shares should be bought on weakness. The majority of analysts have maintained the company at Hold. | |
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News For ABT From The Last 14 Days Check below for free stories on ABT the last two weeks. |
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| June 19, 2013 | | 08:45 EDT |  | ABT | Leerink's biotech analyst holds analyst/industry conference call on ADA Analyst Antlaffy, along with Dr. George Grunberger, founder & Chairman of the Grunberger Diabetes Institute, preview the upcoming American Diabetes Association's conference, including perspectives on new devices in diabetes, potential disruptive technologies at ADA and progress towards the artificial pancreas on an Analyst/Industry conference call to be held on June 20 at 2 pm. | | | June 18, 2013 | | 07:28 EDT |  | ABT | Wells Faro to host a conference
Subscribe for More Information | | | June 14, 2013 | | 12:23 EDT |  | ABT | Abbott announces new $3B share repurchase plan
Subscribe for More Information | | | 12:23 EDT |  | ABT | Abbott announces new $3B share repurchase plan
| | | June 13, 2013 | | 11:02 EDT |  | ABT | Leerink's major pharma analyst holds an analyst/Industry conference call
Subscribe for More Information | | | June 11, 2013 | | 09:33 EDT |  | ABT | Abbott begins Absorb BVS clinical trial in Japan
Subscribe for More Information | | | June 6, 2013 | | 08:03 EDT |  | ABT | Abbott shares compelling, says Wells Fargo
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