Abbott Tops Q2 Forecasts, Announces New Georgia Facility
Abbott Tops Q2 Forecasts, Announces New Georgia Facility

Abbott Tops Q2 Forecasts, Announces New Georgia Facility

News summary

Abbott Laboratories reported strong Q2 2025 results, posting adjusted earnings per share of $1.26 and revenue of $11.14 billion, marking a 7.4% increase year-over-year. The company's medical devices division, particularly its continuous glucose monitors, outperformed expectations amid increased diabetes awareness and expanded insurance coverage. Abbott reaffirmed its full-year adjusted EPS guidance at $5.15. The company announced plans to build a new manufacturing facility in Georgia to support its cardiovascular business, supplementing ongoing projects in Illinois and Texas. Abbott reduced its debt from $14.7 billion to $13.3 billion over the past year, maintaining a robust balance sheet with significant cash reserves. While outpacing the S&P 500 this year, investors are advised to monitor future earnings estimate revisions and the company's liability levels.

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