ABB reported first-quarter net income attributable to the company of $1.32 billion, up 20% year over year, with basic EPS rising to $0.73 from $0.60. Operational EBITA increased 37% to $2.05 billion from $1.50 billion, indicating stronger underlying profitability. The results are a solid earnings beat-style update and should be supportive for the stock, though no guidance or other catalyst was provided.
ABB reported first-quarter net income attributable to the company of $1.32 billion, up 20% year over year, with basic EPS rising to $0.73 from $0.60. Operational EBITA increased 37% to $2.05 billion from $1.50 billion, indicating stronger underlying profitability. The results are a solid earnings beat-style update and should be supportive for the stock, though no guidance or other catalyst was provided.
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moderately positive
Sentiment Score
0.62
