Abbott Reports First-Quarter 2021 Results
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Abbott (ABT) Tops Q2 EPS by 5c, Sales Miss
April 20, 2021 7:32 AM EDTAbbott (NYSE: ABT) reported Q2 EPS of $1.32, $0.05 better than the analyst estimate of $1.27. Revenue for the quarter came in at $10.5 billion versus the consensus estimate of $10.69 billion.
First-quarter sales of $10.5 billion increased 35.3 percent on a reported basis and 32.9 percent on an organic basis, which excludes the impact of foreign exchange.First-quarter GAAP diluted EPS was $1.00 and adjusted diluted EPS, which excludes specified items, was $1.32, reflecting 103.1 percent growth versus the prior year.1Abbott projects... More