Abbott Labs' Adjusted Earnings Beat Despite 31 Percent Net Income Drop - Presented by: The Aol. On Network

Shares of Abbott Laboratories are climbing on Wednesday after the company reported first-quarter net income that fell 31 percent, but adjusted earnings still managed to beat expectations. Excluding items, Abbott earned $0.41 a share, topping analyst expectations of $0.36 a share, according to Thomson Reuters. Abbott's results were weighed down by a negative impact of foreign exchange rates as well as the shutdown of a drug manufacturing plant.



Related Videos

Most Popular Videos

Latest Videos


Most Active by Volume

Company Last Sale Change Net / %
BAC $ 17.62 0.09 ▲ 0.51%
GE $ 25.62 0.48 ▲ 1.91%
AAPL $ 111.78 0.87 ▼ 0.77%
INTC $ 36.37 0.65 ▼ 1.76%
MSFT $ 47.66 0.14 ▲ 0.29%
IAG $ 2.59 0.01 ▼ 0.38%
PBR/A $ 7.34 0.17 ▲ 2.37%
VALE $ 8.14 0.53 ▲ 6.96%

As of 12/19/2014, 04:15 PM
More Most Active