ABB ABB reported its Q3 earnings results on Thursday, October 21, 2021.
Here's what investors need to know about the announcement.
Earnings
ABB missed their estimated earnings by 13.16%, which surprised analysts.
Revenue was up $446,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 1.89% increase in the share price the next day.
Here's a look at ABB's past performance and the resulting price change:
Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
---|---|---|---|---|
EPS Estimate | 0.34 | 0.31 | ||
EPS Actual | 0.37 | 0.26 | 0.26 | 0.21 |
Revenue Estimate | 7.02B | 6.72B | 6.85B | 6.20B |
Revenue Actual | 7.45B | 6.90B | 7.18B | 6.58B |
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