Market Overview

ABB Q3 Profit Rises 10%

Share:

ABB (NYSE: ABB) reported a 10% rise in its third-quarter earnings.

ABB's quarterly net profit surged to $835 million, beating estimates of $784 million.

Its revenue climbed 8% to $10.54 billion, versus estimates of $10.15 billion.

ABB shares closed at $24.60 yesterday.

Posted-In: profitEarnings News

 

Related Articles (ABB)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Ericsson Q3 Profit Surges 34%

Credit Suisse Posts Downbeat Q3 Profit