ABB Ltd (ABB) EPS Estimated At $0.34

June 17, 2018 - By Adrian Mccoy

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Analysts expect ABB Ltd (NYSE:ABB) to report $0.34 EPS on July, 19.They anticipate $0.04 EPS change or 13.33 % from last quarter’s $0.3 EPS. ABB’s profit would be $723.76M giving it 16.93 P/E if the $0.34 EPS is correct. After having $0.31 EPS previously, ABB Ltd’s analysts see 9.68 % EPS growth. The stock decreased 1.87% or $0.44 during the last trading session, reaching $23.03. About 1.68 million shares traded. ABB Ltd (NYSE:ABB) has declined 6.14% since June 18, 2017 and is downtrending. It has underperformed by 18.71% the S&P500.

ABB Ltd (NYSE:ABB) Ratings Coverage

Among 2 analysts covering ABB Ltd (NYSE:ABB), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. ABB Ltd had 3 analyst reports since January 17, 2018 according to SRatingsIntel. As per Wednesday, March 28, the company rating was maintained by Jefferies. Robert W. Baird downgraded ABB Ltd (NYSE:ABB) on Wednesday, January 17 to “Hold” rating. Robert W. Baird maintained ABB Ltd (NYSE:ABB) on Thursday, February 8 with “Hold” rating.

ABB Ltd manufactures and sells electrification, robotics and motion, power grid, and industrial automation products for utilities, transportation, infrastructure, and industrial clients worldwide. The company has market cap of $49.02 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. It has a 24.09 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.

Another recent and important ABB Ltd (NYSE:ABB) news was published by Globenewswire.com which published 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) Ratings Chart

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