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
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.