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Abbott Laboratories Q3 adjusted earnings Inline With Estimates

Abbott Laboratories (ABT) revealed earnings for its third quarter that advanced from last year.

The company's earnings came in at $960 million, or $0.53 per share. This compares with $563 million, or $0.32 per share, in last year's third quarter.

Excluding items, Abbott Laboratories reported adjusted earnings of $1.51 billion or $0.84 per share for the period.

Analysts had expected the company to earn $0.84 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.5% to $8.08 billion from $7.66 billion last year.

Abbott Laboratories earnings at a glance:

-Earnings (Q3): $1.51 Bln. vs. $1.34 Bln. last year.
-EPS (Q3): $0.84 vs. $0.75 last year.
-Analysts Estimate: $0.84
-Revenue (Q3): $8.08 Bln vs. $7.66 Bln last year.

Next quarter EPS guidance: $0.94 to $0.96
Full year EPS guidance: $3.23 to $3.25

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