Abbott Laboratories (ABT) reported a profit for fourth quarter that Drops, from last year
The company's earnings totaled $1.776 billion, or $1.01 per share. This compares with $9.229 billion, or $5.27 per share, last year.
Excluding items, Abbott Laboratories reported adjusted earnings of $2.63 billion or $1.50 per share for the period.
The company's revenue for the period rose 4.4% to $11.459 billion from $10.974 billion last year.
Abbott Laboratories earnings at a glance (GAAP) :
-Earnings: $1.776 Bln. vs. $9.229 Bln. last year.-EPS: $1.01 vs. $5.27 last year.-Revenue: $11.459 Bln vs. $10.974 Bln last year.
-Guidance:Next quarter EPS guidance: $ 1.12 To $ 1.18
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.