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Abbott Laboratories Q3 Earnings Report Shows $1.15 Earnings Per Share

Published on · Source: finance.yahoo.com

Abbott Laboratories Q3 Earnings Report Shows $1.15 Earnings Per Share

AI Summary

Summarized by AI from the source below

Abbott Laboratories reported earnings per share (EPS) of $1.15 for the third quarter, exceeding analysts' expectations. Revenue for the quarter reached $10.2 billion, reflecting a year-over-year increase of 5%. The company has a price-to-earnings (P/E) ratio of 22.4. This performance may influence market sentiment regarding healthcare stocks, particularly in the context of ongoing economic recovery.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

About Abbott Laboratories (ABT)

Abbott Laboratories is a diversified healthcare company spanning diagnostics, medical devices, and nutrition.

The Health Care sector covers pharmaceutical, biotech, device and managed-care companies.

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