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Abbott Labs earned $1.30 per share, raised 2025 profit forecast, and declared a $0.59 dividend.
Abbott Laboratories reported second-quarter earnings of $1.30 per share, meeting expectations, with revenue of $11.37 billion, a 6.9% year-over-year increase.
The company raised its 2025 full-year earnings guidance to $5.12–$5.18 per share, slightly above analyst forecasts.
Abbott declared a quarterly dividend of $0.59 per share, payable November 17, yielding 1.9%.
The stock, trading around $126.28, has a market cap of $219.59 billion and a "Moderate Buy" consensus rating with a $147.00 target.
Institutional ownership stands at 75.18%, with some firms reducing stakes while others increased holdings.
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Abbott Labs ganó $1.30 por acción, elevó la previsión de ganancias para 2025, y declaró un dividendo de $0.59.