Abbott Laboratories

Equities

ABT

US0028241000

Medical Equipment, Supplies & Distribution

Market Closed - Nyse Other stock markets 01:30:13 17/07/2024 am IST			5-day change	1st Jan Change
102.7 ^USD	-0.23%		+1.06%	-6.68%

15/07	Equity Markets Higher After Fed Chair Powell's Comments	MT
15/07	Equity Markets Rise Intraday After Fed Chair Powell's Comments	MT

Abbott Laboratories Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

January 24, 2024 at 06:00 pm IST

Abbott Laboratories reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 10,241 million compared to USD 10,091 million a year ago. Net income was USD 1,594 million compared to USD 1,033 million a year ago.

Diluted earnings per share from continuing operations was USD 0.91 compared to USD 0.59 a year ago.

Latest news about Abbott Laboratories

Equity Markets Higher After Fed Chair Powell's Comments	16/07	MT
Equity Markets Rise Intraday After Fed Chair Powell's Comments	16/07	MT
Medical Technology Companies Poised for Another 'Solid' Quarter, Morgan Stanley Says	15/07	MT
Stocks Gain Pre-Bell Ahead of Key Earnings; Asia Mixed, Europe Down	15/07	MT
S&P 500 Rises Week-to-Week, Closes Near Highs Despite Mixed Inflation Data, Bank Earnings	13/07	MT
Goldman Sachs Adjusts Price Target on Abbott Laboratories to $118 From $121	10/07	MT
DexCom, Inc. : A Must-Have Tool for Diabetes Care	10/07
That's not so bad, is it?	08/07
Evercore ISI Adjusts Price Target on Abbott Laboratories to $120 From $125, Maintains Outperform Rating	02/07	MT
Abbott Laboratories(NYSE:ABT) dropped from Russell Top 200 Growth Index	01/07	CI
Abbott Laboratories(NYSE:ABT) dropped from Russell 3000 Growth Index	01/07	CI
Abbott Laboratories(NYSE:ABT) dropped from Russell 3000E Growth Index	01/07	CI
Abbott Laboratories(NYSE:ABT) dropped from Russell 1000 Growth Index	01/07	CI
Abbott Laboratories(NYSE:ABT) dropped from Russell 1000 Growth-Defensive Index	01/07	CI
Abbott Teams Up with the National Association of Community Health Centers to Expand Access to Nutritious Food and Improve Health	20/06	CI
Abbott Laboratories Keeps Quarterly Dividend at $0.55 Per Share, Payable on Aug.15 to Shareholders of Record on July 15	14/06	MT
Abbott Laboratories Declares Quarterly Common Dividend, Payable on August 15, 2024	14/06	CI
Abbott Laboratories Says US FDA Approved 2 Over-The-Counter Continuous Glucose Monitoring Wearable Systems	10/06	MT
US FDA clears Abbott's continuous glucose monitors for over-the-counter use	10/06	RE
Abbott Receives U.S. FDA Clearance for Two New Over-The-Counter Continuous Glucose Monitoring Systems	10/06	CI
U.S. FDA set to reorganize its food division starting October	30/05	RE
Redburn Adjusts Price Target on Abbott Laboratories to $113 From $115	30/05	MT
Medtronic beats quarterly profit estimates on medical devices strength	23/05	RE
Citigroup Adjusts Price Target on Abbott Laboratories to $119 From $128, Keeps Buy Rating	22/05	MT
Abbott Laboratories Recalling HeartMate 3 Left Ventricular Assist System Implant Kit	15/05	MT

Chart Abbott Laboratories

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Company Profile

Abbott Laboratories specializes in the research, development, manufacturing and marketing of pharmaceutical and medical products. Net sales break down by family of products as follows: - diagnostic systems and instruments (39.1%); - vascular devices (24.7%): endoprosthetic systems, dilation catheters, arterial closures, etc.; - nutrition products (12.1%): pediatric nutrition products, nutritional supplements, and dietetic products; - medicine (8.2%): anesthetics, antiviral products, antibiotics, inhibitors, anti-inflammatories, etc.; - other (15.9%). Net sales are distributed geographically as follows: the United States (38.5%), Germany (5.8%), China (5.6%), India (4.4%), Switzerland (4.1%), Japan (3.8%), Netherlands (2.7%) and others (35.1%).

Sector

Medical Equipment, Supplies & Distribution

Calendar

18/07/2024 - Q2 2024 Earnings Release

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S&P 500

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Ratings for Abbott Laboratories

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

103 USD

Average target price

124.8 USD

Spread / Average Target

+21.20%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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