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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Abbott Laboratories | NYSE:ABT | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 105.97 | 54 | 09:01:24 |
By Matt Grossman
Abbott Laboratories Wednesday raised its full-year adjusted-earnings guidance, after revenue from Covid-19 testing helped lift its diagnostics business sales 48% in the third quarter.
The Abbott Park, Ill.-based medical-products company forecast adjusted earnings per share of $5.00 to $5.10 for the year. In July, Abbott was guiding for per-share adjusted earnings of $4.30 a share to $4.50 a share.
Analysts had expected full-year adjusted earnings of $4.46 a share, according to FactSet.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
October 20, 2021 08:02 ET (12:02 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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