Analysts See $0.34 EPS for ABB Ltd (ABB) as of July, 19

June 27, 2018 - By Margaret Staats

ABB Ltd (NYSE:ABB) Corporate Logo

Investors wait ABB Ltd (NYSE:ABB)’s quarterly earnings on July, 19., as reported by RTT. Analysts forecast 13.33 % diference or $0.34 from the $0.3 EPS from 2017. This could reach $725.31 million profit for ABB assuming the current $0.34 EPS will become reality. Analysts at Wall Street see ABB Ltd’s 9.68 % EPS growth compared to $0.31 EPS for previous quarter. ABB is reaching $21.65 during the last trading session, after decreased 0.41%.ABB Ltd has volume of 1.24M shares. Since June 27, 2017 ABB has declined 6.14% and is downtrending. ABB underperformed by 18.71% the S&P500.

ABB Ltd (NYSE:ABB) Ratings Coverage

In total 2 analysts cover ABB Ltd (NYSE:ABB). “Buy” rating has 0, “Sell” are 1, while 1 are “Hold”. (NYSE:ABB) has 0 bullish analysts. 3 are the (NYSE:ABB)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Wednesday, March 28 the rating was maintained by Jefferies with “Sell”. On Thursday, February 8 the rating was maintained by Robert W. Baird with “Hold”. On Wednesday, January 17 Robert W. Baird downgraded ABB Ltd (NYSE:ABB) to “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 $46.19 billion market cap. 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.22.65 is the 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 two news for ABB Ltd (NYSE:ABB) were recently brought out by: Globenewswire.com on June 13, 2018 with title “New Research Coverage Highlights Accenture, Chico’s FAS, The Allstate, Sangamo Therapeutics, ABB, and First …”. The other Seekingalpha.com‘s article was titled “Enphase: The New Solar Model, Pay Your Customers To Buy Your Products” and brought out on June 26, 2018.

ABB Ltd (NYSE:ABB) Analyst Ratings Chart

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