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ABT

Abbott Laboratories

$97.87

Earnings Summary

Revenue
$7656Mn
Net Profits
$563Mn
Net Profit Margins
7.35%

Highlights

Revenue:

Abbott Laboratories’s revenue jumped 12.11% since last year same period to $7656Mn in the Q3 2018. On a quarterly growth basis, Abbott Laboratories has generated -1.43% fall in its revenue since last 3-months.

Net Profits:

Abbott Laboratories’s net profit fell -6.63% since last year same period to $563Mn in the Q3 2018. On a quarterly growth basis, Abbott Laboratories has generated -23.19% fall in its net profits since last 3-months.

Net Profit Margins:

Abbott Laboratories’s net profit margin fell -16.72% since last year same period to 7.35% in the Q3 2018. On a quarterly growth basis, Abbott Laboratories has generated -22.08% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Abbott Laboratories post its latest quarter earnings

EPS Estimate Current Quarter
0.91
EPS Estimate Current Year
0.91

Highlights

EPS Estimate Current Quarter:

Abbott Laboratories’s earning per share (EPS) estimates for the current quarter stand at 0.91 - a -3.19% fall from last quarter’s estimates.

EPS Estimate Current Year:

Abbott Laboratories’s earning per share (EPS) estimates for the current year stand at 0.91.

Key Ratios

Key ratios of the Abbott Laboratories post its Q4 2022 earnings

Return on Assets (ROA)
0.07
Return on Equity (ROE)
19.13
Dividend Per Share (DPS)
0.47

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Abbott Laboratories’s return on assets (ROA) stands at 0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Abbott Laboratories’s return on equity (ROE) stands at 19.13.

Dividend Per Share (DPS):

Abbott Laboratories declared 0.47 dividend per share during the earnings announcement for Q4 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2021-02-19
1.35
1.45
7.41%
2020-04-29
0.58
0.65
12.07%
2020-07-29
0.42
0.57
35.71%
2020-11-04
0.91
0.98
7.69%

Company Information

Abbott Laboratories, headquartered in Chicago, Illinois, was founded in 1888 by a physician named Dr Wallace Calvin. His purpose was to improve people's well-being and help them reach their full potential at different stages of their lives. Founded as a drug formulation company, today, Abbott Laboratories is a worldwide leader in healthcare, medical devices, nutritional products, and pharmaceutical drugs. Even though it reached the shores of India a century ago, it is still regarded as one of the largest healthcare product companies. With a focus on cardiovascular, diagnostic, diabetes, and neuromodulation products, some of its popular brands include Pedialyte, Glucerna, Similac, Ensure, and iStat. Abbott opened its first international office in London in 1907, and currently operates in over 160 countries. Its growth is also a result of strategic acquisitions. Abbott’s recent acquisitions include Kalo Pharma International in 2014, which doubled its brand generic drug portfolio. It acquired Tendyne in 2015 and along with it the company’s minimally invasive mitral valve replacement therapies. Another gem in the crown is the acquisition of Alere in 2016, which gave Abbott access to the largest mail-order diabetic supplier, Arriva Medical. Along with strategic acquisitions, the company is dedicated to gaining a strong competitive advantage. With the onset of COVID-19, the company has developed various antibody tests that have been granted emergency-use authorization. According to Forbes, Abbott Laboratories' fast and low-cost testing methods have expedited the detection of COVID-19 virus. For its 2030 sustainability plan, the company is gearing up to introduce revolutionary products such as BinaxNOW, a COVID-19 test, and FreeStyle Libre, an innovative glucose monitoring device. Abbott’s future plans are centred around providing cutting-edge technologies at affordable prices to even the most vulnerable sections of society. Currently Abbott Laboratories has a market cap of $181.53 Billion. It has a P.E ratio of 26.18. The shares of Abbott Laboratories are trading at $97.87. .

Organisation
Abbott Laboratories
Headquarters
100 Abbott Park Road, North Chicago, IL, United States, 60064-6400
Employees
115000
Industry
Health Technology
CEO
Robert Ford

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