ABB ABB reported its Q3 earnings results on Thursday, October 20, 2022 at 01:00 AM.
Here's what investors need to know about the announcement.
Earnings
ABB missed estimated earnings by 50.0%, reporting an EPS of $0.19 versus an estimate of $0.38.
Revenue was up $378.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.11 which was followed by a 0.59% drop in the share price the next day.
Here's a look at ABB's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.31 | 0.26 | 0.40 | 0.38 |
| EPS Actual | 0.20 | 0.31 | 0.33 | 0.33 |
| Revenue Estimate | 7.47B | 7.09B | 7.31B | 7.36B |
| Revenue Actual | 7.25B | 6.96B | 7.57B | 7.03B |
To track all earnings releases for ABB visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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Posted In: BZI-RecapsEarnings