Abbott(ABT)

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Abbott's Q1 Earnings Coming Up, Medical Devices Arm in Focus
ZACKS· 2025-04-10 13:55
Core Viewpoint - Abbott Laboratories is expected to report its first-quarter 2025 results on April 16, with positive revenue and earnings growth anticipated compared to the previous year [1][3]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for Abbott's first-quarter 2025 revenues is $10.42 billion, reflecting a 4.5% increase from the same quarter last year [3]. - The estimated earnings per share (EPS) for the first quarter of 2025 is $1.07, indicating a 9.2% improvement year-over-year [3]. Segment Performance Diagnostics - The Diagnostics segment is projected to benefit from high testing demand and the adoption of top-tier systems, with a year-over-year revenue increase of 1% expected [5][7]. - However, a decline in COVID-19 testing revenues is anticipated, continuing a trend observed in previous quarters [6][7]. Established Pharmaceuticals (EPD) - The EPD division is likely to show strong performance driven by a diverse product portfolio and favorable demographic trends, with a projected revenue increase of 0.5% year-over-year [8][10]. - The introduction of biosimilars is identified as a strategic growth area, contributing positively to revenue [9]. Medical Devices - The Medical Devices segment is expected to see a significant revenue increase of 9.8% year-over-year, driven by strong sales in the Diabetes Care division and advancements in electrophysiology and structural heart products [11][14]. - Recent positive trial data for the TriClip device is anticipated to further enhance sales in this segment [12]. Nutrition - The Nutrition division is expected to benefit from robust sales of adult nutrition brands like Ensure, with a projected revenue growth of 2.5% year-over-year [15][16]. Earnings Surprise Potential - Abbott has an Earnings ESP of +0.57% and a Zacks Rank of 2, indicating a favorable outlook for beating earnings estimates [17].
Will Trump Tariffs Make or Break Healthcare Space? 3 Stocks to Rely On
ZACKS· 2025-04-09 20:00
The American trade structure is witnessing a transformative shift, thanks to the Trump administration’s sweeping new tariff policy. Within the healthcare industry, the impact seems to be complex and widespread.Apparently, pharmaceuticals are exempt from the steep reciprocal tariffs. However, the broader healthcare ecosystem—from hospitals to MedTech companies—is left exposed to the hefty tariffs, which may lead to significant retaliation from global trade partners and major supply chain disruption.In this u ...
5 Defensive Stocks to Buy for a Safe Portfolio Amid Tariff-Led Mayhem
ZACKS· 2025-04-07 13:16
Wall Street routed last week following the imposition of the Trump administration’s “Liberation Day” tariffs. The baseline tariff of 10% will be imposed on all imports from April 5. But the important thing is that tariff rates may go up to as high as 54% for some countries (such as China) depending on what rate these governments levy duties on U.S. exports.China retaliated with 34% tariffs on all U.S.-made products to be imposed from April 10. This seems to be the beginning of a global trade war. Economists ...
Reasons to Add ABT Stock to Your Portfolio Right Now
ZACKS· 2025-04-04 13:10
Core Viewpoint - Abbott Laboratories is experiencing strong sales recovery in its Nutrition business, particularly driven by Ensure, and is well-positioned for growth in emerging markets and its Diabetes Care segment through the FreeStyle Libre system [1][5][6] Group 1: Sales Performance - Abbott's shares have increased by 19.6% over the past year, outperforming the industry growth of 9.1% and the S&P 500's increase of 5.4% [2] - In the fourth quarter of 2024, Abbott's Diabetes Care sales exceeded $1.8 billion, reflecting a 23% growth, while full-year sales reached approximately $6.5 billion, up 22% from 2023 [7] - The Nutrition business reported 7.1% organic growth in the fourth quarter of 2024, with Adult Nutrition growing by 11.4% [9] Group 2: Business Segments - The EPD (Established Pharmaceutical Division) is set for sustainable growth, with a five-year compound annual growth rate (CAGR) of 8% [3] - EPD sales in the fourth quarter of 2024 increased by 8.5% organically, with balanced growth across various therapeutic areas [4] - The FreeStyle Libre system has achieved global leadership in continuous glucose monitoring for both Type 1 and Type 2 diabetes users [5] Group 3: Market Dynamics - Abbott has gained momentum in the Diabetes Care segment with recent FDA approvals for new over-the-counter CGM systems, expanding its market reach [6] - The Nutrition business is expanding due to strong global demand for adult nutrition products, despite some softness in pediatric product markets [8] - Foreign exchange fluctuations have negatively impacted Abbott's sales, with a 1.4% unfavorable year-over-year effect noted in the fourth quarter of 2024 [10] Group 4: Financial Estimates - The Zacks Consensus Estimate for Abbott's 2025 earnings per share remains at $5.15, while revenues are projected to rise by 5.7% to $44.35 billion [11]
ABT Stock to Gain From Early CE Mark Approval of Volt PFA System
ZACKS· 2025-04-01 13:31
Core Insights - Abbott has received CE Mark approval for its Volt Pulsed Field Ablation (PFA) system, enabling the treatment of atrial fibrillation (AFib) patients in the European Union earlier than anticipated [1][4] - The Volt PFA system is expected to enhance Abbott's electrophysiology portfolio by allowing a single-catheter approach for mapping, pacing, and ablating, thus improving workflow and patient safety [5][6] - The global PFA market is projected to grow significantly, with a valuation of $913.1 million in 2024 and a compound annual growth rate of 33.1% through 2030, driven by technological advancements [7] Company Performance - Following the announcement of the Volt PFA system, Abbott's stock rose by 3.7%, closing at $131.35, reflecting positive market sentiment [2] - Abbott's market capitalization stands at $226.88 billion, with an earnings yield of 3.9%, significantly higher than the industry average of 0.3% [3] - Over the past year, Abbott's shares have increased by 18.4%, outperforming the industry growth of 9.3% [11] Clinical and Market Relevance - The Volt PFA system demonstrated a 99.1% success rate in achieving pulmonary vein isolation during clinical trials, requiring fewer energy applications compared to existing competitive systems [6] - The Volt PFA system addresses the needs of AFib patients, who face increased risks of stroke and heart failure, by providing a more effective treatment option [4]
New Late-Breaking Data Reinforce Benefits of Abbott's TriClip™ for People With Leaky Tricuspid Heart Valve
Prnewswire· 2025-03-31 13:00
Core Insights - Abbott's TriClip transcatheter edge-to-edge repair system shows significant and sustained improvements in treating tricuspid regurgitation (TR) after two years, reducing hospitalizations due to heart failure compared to medical therapy [1][6][7] - The TRILUMINATE Pivotal trial highlights the device's effectiveness in improving patients' quality of life and reducing the severity of TR [4][5][6] Group 1: Trial Results - The TRILUMINATE Pivotal trial demonstrated that after two years, TriClip therapy significantly reduced heart failure hospitalizations (HFH) compared to the control group, with rates of 0.19 vs. 0.26 events per patient-year [7] - 84% of patients treated with TriClip achieved a reduction in TR to moderate or less (grade ≤ 2), compared to only 21% in the control group [7] - Patients receiving TriClip experienced an average improvement of over 15 points in the Kansas City Cardiomyopathy Questionnaire (KCCQ) score, indicating enhanced quality of life [7] Group 2: Patient Impact - TriClip offers a viable treatment option for patients with severe TR who are not suitable candidates for surgery, improving their quality of life and reducing hospitalization risks [2][5] - The trial results reinforce the importance of TriClip in managing TR, allowing patients to reclaim their lives while minimizing the risk of heart failure [5][6] Group 3: Study Details - The TRILUMINATE Pivotal trial is the first randomized, controlled study comparing the safety and effectiveness of the TriClip system against medical therapy alone for severe TR [8] - The primary endpoint of the trial included all-cause mortality, tricuspid valve surgery, heart failure hospitalizations, and quality-of-life improvement as measured by the KCCQ score [8]
Why Abbott Laboratories Stock Leaped by Almost 4% on Thursday
The Motley Fool· 2025-03-27 22:54
Core Insights - Abbott Laboratories' stock experienced a nearly 4% increase due to positive news from Europe, outperforming the S&P 500 index which fell by 0.3% [1] Group 1: Product Announcement - Abbott received a CE mark in Europe for its Volt PFA System, designed to treat atrial fibrillation, a prevalent heart disorder [2] - The Volt PFA System utilizes pulsed field ablation technology, employing high-energy electrical pulses to target and treat problematic tissues [2] Group 2: Market Potential - The CE mark signifies compliance with health and safety standards necessary for products sold in the European Economic Area, which encompasses most of Europe [3] - Approximately 8 million individuals over the age of 65 in Europe are affected by atrial fibrillation, with projections indicating this number could double in the next 30 years [3] Group 3: Competitive Edge - Abbott positions the Volt PFA as a competitive product, with insights from first-generation devices incorporated to enhance the efficiency and simplicity of PFA procedures [4]
Abbott Receives CE Mark for its Volt™ Pulsed Field Ablation System to Treat Patients with Abnormal Heart Rhythms
Prnewswire· 2025-03-27 13:00
Core Insights - Abbott has received CE Mark approval for the Volt™ PFA System, enabling the treatment of atrial fibrillation (AFib) in Europe, with commercial cases already initiated [1][3] - The Volt PFA System is designed to improve the workflow of cardiac ablation procedures by utilizing a single-catheter approach, which allows for mapping, pacing, and ablating simultaneously [2][8] - The Volt PFA System demonstrated a 99.1% success rate in achieving pulmonary vein isolation (PVI) during clinical trials, outperforming existing competitive systems [3][10] Company Developments - Abbott has begun commercial use of the Volt PFA System in the EU, with plans for further expansion in the second half of the year [1] - Initial cases were performed by leading physicians in various European hospitals, indicating strong clinical interest and early adoption [3][4] - The Volt PFA System is part of Abbott's broader electrophysiology portfolio, which includes ongoing clinical studies and regulatory approvals for related technologies [11][12] Market Context - Approximately 8 million Europeans over 65 are currently living with AFib, a number projected to double in the next 30 years, highlighting a significant market opportunity for effective treatment solutions [2] - The Volt PFA System addresses limitations of existing PFA systems by providing enhanced visualization and navigation capabilities, which can lead to improved patient outcomes [6][10] - The integration of the Volt PFA System with Abbott's EnSite™ X EP system enhances procedural efficiency and accuracy, positioning Abbott favorably in the competitive landscape of electrophysiology [6][9]
Abbott Hosts Conference Call for First-Quarter Earnings
Prnewswire· 2025-03-26 13:00
Group 1 - Abbott will announce its first-quarter 2025 financial results on April 16, 2025, before the market opens [1] - A live webcast of the earnings conference call will take place at 8 a.m. Central time (9 a.m. Eastern) [1] - The archived edition of the call will be available later on the same day [1] Group 2 - Abbott is a global healthcare leader with a portfolio that includes diagnostics, medical devices, nutritionals, and branded generic medicines [2] - The company employs 114,000 colleagues and serves people in over 160 countries [2] - Abbott aims to help people live more fully at all stages of life [2]
ABT Stock to Gain From FDA IDE Approval for Its Coronary IVL System
ZACKS· 2025-03-25 14:20
Company Overview - Abbott has received FDA's investigational device exemption for its Coronary Intravascular Lithotripsy (IVL) system to treat severe calcification in coronary arteries prior to stenting, with a clinical trial enrolling up to 335 participants across 47 sites in the U.S. [1] - The investigational Coronary IVL technology enhances Abbott's existing vascular portfolio and aims to address challenges faced by current IVL systems [2] Stock Performance - Following the announcement, Abbott's shares increased by 0.7%, closing at $127.21, with a positive market sentiment expected around this development [3] - Abbott's market capitalization stands at $219.11 billion, with an earnings yield of 4.1%, significantly higher than the industry average of 0.3% [4] Industry Context - Coronary Artery Disease (CAD) affects over 20 million adults in the U.S., making it the most common heart disease, necessitating vessel interventions due to plaque buildup [5] - The global CAD market was valued at $22.07 billion in 2024 and is projected to grow at a compound annual growth rate of 8.9% through 2031, driven by rising CAD prevalence and increased funding for therapy research [7] Technological Advancements - Abbott's Coronary IVL System utilizes high-energy sound pressure waves to fracture calcium blockages in arteries, potentially improving vessel expansion and stent placement [5] - The company is exploring next-generation calcium modification technology in partnership with physicians to expand treatment options [6] Recent Developments - Abbott recently completed the world's first leadless left bundle branch area pacing procedures using the investigational AVEIR Conduction System, marking a significant advancement in treatment options for patients with slower-than-normal heart rhythms [10] - Over the past six months, Abbott's shares have risen by 10.4%, outperforming the industry's growth of 3.8% [11]