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from the world of economics and financeAbbott (ABT) reported $10.97 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 7.2%. EPS of $1.34 for the same period compares to $1.19 a year ago.
The reported revenue represents a surprise of -0.45% over the Zacks Consensus Estimate of $11.02 billion. With the consensus EPS estimate being $1.34, the company has not delivered EPS surprise.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Abbott performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Abbott here>>>
Shares of Abbott have returned +1.8% over the past month versus the Zacks S&P 500 composite's +2.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Abbott Laboratories (ABT) : Free Stock Analysis Report
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