Abbott Labs Reaffirms Guidance for Second Quarter, Full Year
Abbott Laboratories
(ABT) - Get Report
said Thursday that it remains comfortable with Wall Street's earnings expectations for the second quarter and the full year.
Analysts polled by
Thomson Financial/First Call
are calling for the Abbott Park, Ill., maker of pharmaceuticals and medical devices to earn 45 cents in the second quarter. Analysts projected earnings of $1.88 a share for the full year. The company posted income of 44 cents in the year-ago second quarter and $1.78 for last year.
Abbott made the comments, which reaffirmed the company's prior guidance, at a meeting with analysts in New York.
Shares of Abbott rose 12 cents, or 0.2%, to $52.37 in recent
New York Stock Exchange
trading.
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