Diabetes Products To Drive Abbott's Q3 [Forbes]
Abbott Laboratories (ABT)
Last abbott laboratories earnings: 4/16 07:30 am
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Source: Forbes
SOPA Images/LightRocket via Getty Images Abbott (NYSE: ABT) will report its Q3 2024 results on Wednesday, Oct 16. We expect the company to post revenue of $10.6 billion and earnings of $1.20 on a per share and adjusted basis, aligning with the street expectations. We expect the company to post a mid-single-digit uptick in revenue, driven by higher FreeStyle Libre sales. Our interactive dashboard analysis of Abbott's FY 2024Q3 Earnings Preview has more details on the company's revenues and earnings for the quarter. Trends To Watch Out For In Q3 Abbott should see steady growth across its segments. While the Nutrition segment should benefit from market share gains for its baby formula products, medical devices will see higher sales from a rise in procedure volume and continued uptick in demand for its diabetes products. Abbott's FreeStyle Libre will likely continue to see growth in the number of users. Earlier, in June 2024, the U.S. FDA cleared Abbott's – Libre Rio and Lingo – ne
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ABT
Earnings
- 10/16/24 - Beat
ABT
Sec Filings
- 11/15/24 - Form 8-K
- 11/4/24 - Form 144
- 10/31/24 - Form 10-Q
- ABT's page on the SEC website