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BUZZ-Abbott shares fall; firm forecasts annual profit in line with estimates

ReutersJan 22, 2025 12:27 PM

** Shares of Abbott Laboratories ABT.N fall 1.1% to $115.50 premarket

** Medical device maker forecasts 2025 adj. EPS at $5.05 to $5.25, with its midpoint mostly in line with Wall Street estimates of $5.16, data compiled by LSEG shows

** Company expects Q1 adj. EPS to be between $1.05 and $1.09, below estimates of $1.11

** Q4 adj. EPS of $1.34 meets estimates

** Shares rose 2.8% in 2024

(Reporting by Puyaan Singh and Sriparna Roy in Bengaluru)

((Puyaan.Singh@thomsonreuters.com;))

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