Abbott Laboratories (ABT) - Get Report is expected to report earnings of 81 cents a share on sales of $7.8 billion before the market opens on Jan. 23, based on a FactSet survey of 21 analysts.

In the same period a year ago the company posted earnings of 74 cents a share on sales of $7.6 billion.

The stock has risen 1.7% since the company last reported earnings on Oct. 17. Quarterly estimates have fallen less than 1 cent a share in the past month.

Abbott Laboratories is currently trading at a price-to-forward-earnings ratio of 22 based on the 12-month estimates of 23 analysts surveyed by FactSet.

Earlier on Tuesday, Johnson & Johnson (JNJ) - Get Report posted stronger-than-expected fourth quarter earnings and forecast a modest increase in full year sales for 2019. See more here

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