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

June 29, 2018 - By Sarah Holford

ABB Ltd (NYSE:ABB) Corporate Logo

On July, 19. Investors wait ABB Ltd (NYSE:ABB) to announce its quarterly earnings, according to Faxor. Analysts predict $0.34 EPS. That’s $0.04 up or 13.33 % from 2017’s earnings of $0.3. If ABB’s EPS is $0.34 the profit will hit $725.31 million for 16.12 P/E. Wall Street now sees 9.68 % EPS growth despite ABB Ltd previous quarter’s EPS of $0.31. Ticker’s shares touched $21.92 during the last trading session after 2.19% change.ABB Ltd has volume of 578,758 shares. Since June 29, 2017 ABB has declined 6.14% and is downtrending. The stock underperformed the S&P500 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 company rating was downgraded by Robert W. Baird on Wednesday, January 17. On Wednesday, March 28 the stock has “Sell” rating by Jefferies. On Thursday, February 8 the firm earned “Hold” rating by Robert W. Baird.

ABB Ltd manufactures and sells electrification, robotics and motion, power grid, and industrial automation products for utilities, transportation, infrastructure, and industrial clients worldwide.The firm is valued at $46.76 billion. 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 an important ABB Ltd (NYSE:ABB) news announced by Globenewswire.com. It’s an article 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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