Abbott (ABT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Abbott, driven by higher revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - Abbott is expected to report quarterly earnings of $1.25 per share, reflecting a +9.7% change year-over-year, with revenues projected at $11.07 billion, up 6.7% from the previous year [3]. - The earnings report is scheduled for July 17, and better-than-expected results could lead to a stock price increase, while a miss may result in a decline [2]. Estimate Revisions - The consensus EPS estimate has been revised 0.44% lower in the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +0.96% suggests analysts have recently become more optimistic about Abbott's earnings prospects, combined with a Zacks Rank of 2 indicating a likely earnings beat [12]. Earnings Surprise History - Abbott has a history of beating consensus EPS estimates, having exceeded expectations in three out of the last four quarters [14]. - In the last reported quarter, Abbott's earnings of $1.09 per share surpassed the expected $1.07, resulting in a surprise of +1.87% [13]. Conclusion - Abbott is positioned as a strong candidate for an earnings beat, but investors should consider additional factors beyond earnings results when making investment decisions [15][17].