Advertisement
Singapore markets close in 35 minutes

  • Straits Times Index

    3,286.04
    -7.09 (-0.22%)
     

  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     

  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     

  • FTSE 100

    8,085.55
    +45.17 (+0.56%)
     

  • Bitcoin USD

    64,079.80
    -2,507.62 (-3.77%)
     

  • CMC Crypto 200

    1,362.69
    -19.89 (-1.44%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Gold

    2,338.90
    +0.50 (+0.02%)
     

  • Crude Oil

    83.18
    +0.37 (+0.45%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • FTSE Bursa Malaysia

    1,571.14
    -0.34 (-0.02%)
     

  • Jakarta Composite Index

    7,156.56
    -17.98 (-0.25%)
     

  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

Your Two Minute Earnings Preview for Abbott Labs (ABT) Stock

Eric Dutram
Updated

Today’s short video takes a closer look at Abbott Labs (ABT) stock ahead of their earnings report. The company has seen extremely choppy trading as of late, and it will be up to this coming release to right the ship.

Fortunately for ABT investors, the stock has a great track record in earnings season which includes beats stretching back to 2013. The company also has a ‘B’ for its VGM score, so fundamentals are pretty strong for this stock as well.

However, investors should note that earnings estimate revisions have come in pretty weak as of late, pushing the stock down into ‘sell’ territory. Add in a bottom 20% industry rank, and this could be a name to stay away from this earnings season, at least until we see some better numbers on the earnings estimate and Zacks Rank fronts.

ABBOTT LABS Price, Consensus and EPS Surprise

ABBOTT LABS Price, Consensus and EPS Surprise | ABBOTT LABS Quote

ADVERTISEMENT

Abbott Labs reports on October 19th before the bell, and we are looking for earnings of $0.58/share. Make sure to watch the video for a quick guide to ABT heading into the report, but if you want to learn more about trading in earnings season, check out our podcast below:



The Best & Worst of Zacks

Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +26% per year. Plus, you may download 220 Zacks Rank #5 "Strong Sells." Even though this list holds many stocks that seem to be solid, it has historically performed 11X worse than the market. See these critical buys and sells free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
ABBOTT LABS (ABT): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research