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Stock impact report

Is There More Upside For ABT Stock After A 10% Jump In A Week? [Forbes]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Forbes
SOPA Images/LightRocket via Getty Images Abbott (NYSE: ABT) recently reported its Q4 results, with revenues marginally below and earnings meeting the street expectations. The company reported revenue of $10.97 billion and earnings of $1.34 on a per-share and adjusted basis, compared to the consensus estimates of $11.01 billion and $1.34, respectively. The company saw strong growth for its medical devices business, while diagnostics sales trended marginally lower. The company's outlook for Q1 was below the street expectations. Still, ABT stock is up over 10% in a week, thanks to the company's outlook of improving profitability this year. ABT stock is up 15% since the beginning of 2024, underperforming the S&P500 index, up 28%. If you w Read more
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