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Abbott Labs earned $1.30/share in Q3, raised 2025 profit outlook, and raised dividend.
Abbott Laboratories reported Q3 earnings of $1.30 per share, meeting expectations, with $11.37 billion in revenue, up 6.9% year-over-year.
The company raised its 2025 full-year EPS guidance to $5.12–$5.18, while analysts expect $5.14.
Institutional investors collectively own 75.18% of the company, with several firms increasing their stakes, including Massachusetts Financial Services and Amalgamated Bank.
Abbott announced a quarterly dividend of $0.59 per share, yielding 1.9%, and maintains a "Moderate Buy" consensus rating with a $147.00 average price target.
The stock trades at $124.42 with a market cap of $216.55 billion.
Abbott Labs ganó $ 1.30 por acción en el tercer trimestre, elevó las perspectivas de ganancias para 2025 y aumentó el dividendo.