Abbott Stock Is on Pace for Worst Day Since 2000. The Nutrition Business Is a Drag on Earnings.
تحليل معلومات السوق
مدعوم بالذكاء الاصطناعيAbbott Laboratories' stock is experiencing its worst day since 2000 due to underwhelming fourth-quarter earnings and sales, despite beating analyst expectations for adjusted earnings.
Market impact analysis based on bearish sentiment with 90% confidence.
سياق المقال
Shares of Abbott Laboratories sank on Thursday after the medical device maker posted fourth-quarter earnings and sales that underwhelmed Wall Street. For the fourth quarter, Abbott reported adjusted earnings of $1.50 a share, slightly better than the $1.49 consensus among analysts tracked by FactSet The company logged roughly $11.5 billion in sales, missing the $11.8 billion analysts had forecast. The company said it expects full-year adjusted earnings in the range of $5.55 to $5.80 a share.
التحليل والرؤى المقدمة من AnalystMarkets AI.