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Abbott Laboratories Q2 adjusted earnings Beat Estimates

Abbott Laboratories (ABT) announced earnings for its second quarter that rose from the same period last year.

The company's bottom line totaled $1.01 billion, or $0.56 per share. This compares with $0.72 billion, or $0.40 per share, in last year's second quarter.

Excluding items, Abbott Laboratories reported adjusted earnings of $1.47 billion or $0.82 per share for the period.

Analysts had expected the company to earn $0.80 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.7% to $7.98 billion from $7.77 billion last year.

Abbott Laboratories earnings at a glance:

-Earnings (Q2): $1.47 Bln. vs. $1.30 Bln. last year.
-EPS (Q2): $0.82 vs. $0.73 last year.
-Analysts Estimate: $0.80
-Revenue (Q2): $7.98 Bln vs. $7.77 Bln last year.

Next quarter EPS guidance: $0.83 to $0.85
Full year EPS guidance: $3.21 to $3.27

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