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Abbott Q1 EPS, Sales Rise, ANTM Hits All-time High, Healthcare Services' Q1 Results Trump Estimates

(RTTNews) - The following are some of the healthcare companies that reported quarterly financial results on Wednesday.

1. Abbott (ABT) has reported strong earnings and sales for the first quarter ended March 31, 2022.

For the first quarter of 2022, adjusted net earnings increased to $3.08 billion or $1.73 per share on net sales of $11.9 billion. This compares with adjusted earnings of $2.37 billion or $1.32 per share and net sales of $10.46 billion in the year-ago quarter.

Looking ahead to full-year 2022, the company continues to expect adjusted earnings per share of at least $4.70, while the consensus analysts' estimate is $4.84. Earnings per share on an adjusted basis in 2021 were $5.21.

Abbott's cash dividend of $0.47 per share is payable May 16, 2022 to shareholders of record at the close of business on April 15, 2022.
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