Report
Debbie Wang
EUR 100.00 For Business Accounts Only

Abbott Sees Decent 3Q Results Thanks to Nutrition, Diagnostics, and FreeStyle Libre

Abbott reported third-quarter results that held few surprises, and it remains on track to hit our full-year projections on the top and bottom lines. While we’ve made no material changes to our forecast, we plan to raise our fair value estimate modestly to reflect cash flows realized since our last update. Overall, we think narrow-moat Abbott has been executing well on its new product cycles and meaningful innovation, in particular, adoption of Alinity in diagnostics, the strength of its electrop...
Underlying
Abbott Laboratories

Abbott Laboratories is engaged in the discovery, development, manufacture, and sale of a range of health care products. The company's reportable segments are: established pharmaceutical products, which includes a range of generic pharmaceuticals; diagnostic products, which includes a range of diagnostic systems and tests; nutritional products, which includes a range of pediatric and adult nutritional products; and medical devices, which includes a range of rhythm management, electrophysiology, heart failure, vascular and structural heart devices for the treatment of cardiovascular diseases, and diabetes care products for people with diabetes, as well as neuromodulation devices.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Debbie Wang

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