StockWatch
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Biotechnology: Pharmaceutical Preparations
Quarterly ResultJul 16, 2026, 07:41 AM

Abbott Q2 Adjusted EPS $1.31; Raises Full-Year Guidance

AI Summary

Abbott Laboratories announced strong second-quarter 2026 results, with reported sales growth of 13.0% and adjusted diluted EPS of $1.31. The company raised its full-year 2026 adjusted diluted EPS guidance to $5.45-$5.60, reflecting continued momentum. Key business segments like Medical Devices and Diagnostics showed solid comparable sales growth, while the company also returned $2.1 billion to shareholders and achieved significant product milestones, including a CE Mark for its Libre® Duo sensor.

Key Highlights

  • Reported Q2 2026 adjusted diluted EPS of $1.31, up 4.0% from Q2 2025.
  • Q2 2026 reported sales grew 13.0% to $12.59 billion; comparable sales grew 4.8%.
  • Raised full-year 2026 adjusted diluted EPS guidance range to $5.45-$5.60.
  • Medical Devices comparable sales increased 8.4%, led by Electrophysiology and Diabetes Care.
  • Diagnostics comparable sales grew 2.9%, driven by 13.3% growth in Cancer Diagnostics.
  • Returned $2.1 billion to shareholders in Q2 through dividends and share repurchases.
  • Secured CE Mark for Libre® Duo, the world's first dual glucose-ketone biowearable sensor.