Abbott Labs (NYSE:ABT) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.82 on revenue of $7.98B. Analysts polled by expected EPS of $0.8 on revenue of $8B. That compared to EPS of $0.73 on revenue of $7.77B in the same period a year earlier. The company had reported EPS of $0.63 on revenue of $7.54B in the previous quarter.
Abbott Labs follows other major Healthcare sector earnings this month
On Tuesday, J&J reported second quarter EPS of $2.58 on revenue of $20.56B, compared to forecasts of EPS of $2.44 on revenue of $20.29B.
BAYER AG PK earnings beat analysts' expectations on June 18, with second quarter EPS of $0.71 on revenue of $14.5B. analysts expected EPS of $0.69 on revenue of $14.17B
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