On July, 19 Analysts See $0.34 EPS for ABB Ltd (ABB)

June 29, 2018 - By Michael Lund

ABB Ltd (NYSE:ABB) Corporate Logo

On July, 19. Investors wait ABB Ltd (NYSE:ABB) to announce its quarterly earnings, according to Faxor. Analysts forecast $0.34 EPS. That’s $0.04 up or 13.33 % from 2017’s earnings of $0.3. This could be $725.31 million profit for ABB assuming the current $0.34 EPS will become reality. Analysts at Wall Street see ABB Ltd’s 9.68 % EPS growth compared to $0.31 EPS for last quarter. ABB reached $21.92 during the last trading session after $0.47 change.Currently ABB Ltd is downtrending after 6.14% change in last June 29, 2017. ABB has 578,758 shares volume. ABB underperformed the S&P 500 by 18.71%.

ABB Ltd (NYSE:ABB) Ratings Coverage

In total 2 analysts cover ABB Ltd (NYSE:ABB). “Buy” rating has 0, “Sell” are 1, while 1 are “Hold”. 0 are bullish. 3 are the (NYSE:ABB)’s analyst reports since January 17, 2018 according to StockzIntelligence Inc. The stock rating was maintained by Jefferies with “Sell” on Wednesday, March 28. On Thursday, February 8 the rating was maintained by Robert W. Baird with “Hold”. On Wednesday, January 17 the rating was downgraded by Robert W. Baird to “Hold”.

ABB Ltd manufactures and sells electrification, robotics and motion, power grid, and industrial automation products for utilities, transportation, infrastructure, and industrial clients worldwide.The company has $46.76 billion market cap. The firm provides modular substation packages, distribution automation products, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, low- and medium-voltage switchgears, switches, DIN rail components, and installation materials for building, data center, rail, wind and solar, food and beverage, marine, and gas and oil industries.22.93 is the P/E ratio. It also offers motors, generators, variable speed drives, robots and robotics, solar inverters, wind converters, rectifiers, and excitation systems, as well as power quality and protection solutions, electric vehicle fast charging infrastructure solutions, and components and subsystems for railways, and related services for discrete automation, process industries, transportation, and utilities.

There’s a substantial ABB Ltd (NYSE:ABB) news brought out by Globenewswire.com. It’s an item titled: “New Research Coverage Highlights Accenture, Chico’s FAS, The Allstate, Sangamo Therapeutics, ABB, and First …” on June 13, 2018.

ABB Ltd (NYSE:ABB) Analyst Ratings Chart

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