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Abbott Reports Quarterly EPS Beat and Issues $0.63 Dividend

Abbott Laboratories logoAbbott Laboratories
Sig1.45Sen+1.20Env0.00Soc0.00Gov0.00

Merit Financial Group increased its stake in Abbott Laboratories by 22% in the second quarter, and other funds added smaller new positions. Abbott last reported quarterly results showing EPS of $1.31, slightly above the $1.28 consensus, compared with $1.26 a year earlier. Shareholders of record received a $0.63 per-share dividend. Some analysts cut the rating from outperform to neutral.

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