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Abbott Q3 revenue edges past estimates as company keeps full-year guidance

Abbott Laboratories reported Q3 2026 revenue of $13.01 billion, up 14.5%, and adjusted EPS of $1.42, and reaffirmed its full-year outlook.

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what happened

According to TradingView, citing an SEC filing, and Reuters, Abbott Laboratories posted third-quarter 2026 net sales of $13.01 billion, up 14.5% from a year earlier. Analyst consensus sat near $13 billion, so the result only slightly exceeded it. Adjusted diluted EPS came in at $1.42, in line with expectations, while GAAP EPS was $0.53.

The company reaffirmed its full-year 2026 outlook, with adjusted diluted EPS of $5.50 to $5.55 and comparable sales growth of about 6.0%. For the fourth quarter, Abbott projects adjusted diluted EPS of $1.62 to $1.67.

why it matters

The key point for markets is steady growth: revenue came in a touch above forecasts, and keeping the annual outlook signals management confidence. Much of the diagnostics growth reflects the Exact Sciences acquisition, completed on March 23, 2026, along with higher Cologuard sales. Reuters reports that the average analyst rating on the shares is buy, with a median 12-month price target of $120.50 versus an October 20 close of $102.45.

market impact

Medical devices: a solid report and reaffirmed guidance support Abbott shares and the sector.

tags

EarningsStockUnited States

instruments

ABTDiagnosticsMedical devices

sources

  1. Abbott Laboratories Q3 2026: Revenue $13.01B, Adjusted EPS $1.42; Reaffirms FY Guidance — TradingView, 21 October 2026 at 11:43 UTC
  2. Abbott's Q3 revenue slightly beats estimates, reaffirms adjusted EPS guidance — Reuters, 21 October 2026 at 11:41 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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