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Abbott (ABT) Reports Next Week: Wall Street Expects Earnings Growth

ABT
Corporate EarningsAnalyst EstimatesCompany FundamentalsHealthcare & BiotechCorporate Guidance & Outlook

Abbott is unlikely to deliver an earnings beat in the upcoming report — the firm “doesn't possess the right combination of the two key ingredients” for a beat. Portfolio managers should review exposure and analyst forecasts ahead of the print, as a miss could move the stock within the typical single-digit percent range for an individual-company earnings surprise.

Analysis

Abbott is unlikely to deliver an earnings beat in the upcoming report — the firm “doesn't possess the right combination of the two key ingredients” for a beat. Portfolio managers should review exposure and analyst forecasts ahead of the print, as a miss could move the stock within the typical single-digit percent range for an individual-company earnings surprise.

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mildly negative

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ABT-0.25