Abbott Laboratories cut its full-year earnings outlook to account for a recent acquisition and said a weaker-than-expected flu season hurt its recent quarter.
Shares of Abbott Laboratories (NYSE:ABT) fell 3.2% on Thursday morning after the healthcare conglomerate marginally beat Wall Street estimates for quarterly profit and revenue, but flagged a hit to its 2026 earnings outlook from its recently completed cancer diagnostics acquisition. Investors weighed near-term earnings strength against dilution from the company's roughly $23 billion acquisition of Exact Sciences.
The headline numbers for Abbott (ABT) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Abbott (ABT) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.09 per share a year ago.
Abbott heads into Q1 earnings with solid Medical Devices and EPD growth, but Nutrition weakness and falling estimates cloud the outlook.
Besides Wall Street's top-and-bottom-line estimates for Abbott (ABT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2026.
A jury in Chicago on Thursday said Abbott Laboratories must pay $53 million in compensatory damages to a group of families that had accused the company of failing to warn that its formula for premature infants can cause a potentially deadly bowel disease, according to the Chicago Tribune.
Abbott (ABT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the closing of the recent trading day, Abbott (ABT) stood at $103.56, denoting a +1.7% move from the preceding trading day.
In the world of investing, stability is a prized commodity. Few companies embody that stability better than Abbott Laboratories NYSE: ABT, a diversified healthcare powerhouse and a member of the elite dividend kings.
During a year when other healthcare stocks from the S&P500 have remained roughly flat, Abbott Laboratories (ABT) has struggled and lost ground by 22%. ABT which will announce Q1 earnings on the 16th of April is facing low revenue expectations for the quarter, but double-digit growth is expected in the following quarters. I highlight how ABT's financial profile and FCF base is solid enough to support continued annual dividend hikes where the yield is now at-year highs.
ABT's Nutrition rebound and FreeStyle Libre growth fuel momentum, but currency swings and macro pressures could cloud near-term performance.