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Shares of Abbott Laboratories (NYSE:ABT) rise 1.7% in pre-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share were down 30.49% over the past year to $0.57, which beat the estimate of $0.41.
Revenue of $7,328,000,000 decreased by 8.16% year over year, which beat the estimate of $6,750,000,000.
Looking Ahead
For 2020, the company expects adjusted earnings of "at least" $3.25 per share.
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Date: Jul 16, 2020
Time: 09:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/c9jijzmo
Price Action
52-week high: $100.00
Company's 52-week low was at $61.61
Price action over last quarter: down 0.04%
Company Profile
Abbott manufactures and markets medical devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, and immunoassays and point-of-care diagnostic equipment. Abbott derives approximately 60% of sales outside the United States.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.