The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict ABB's revenues will increase 5.9% and EPS will increase 9.1%.
The average estimate for revenue is $10.23 billion. On the bottom line, the average EPS estimate is $0.36.
Last quarter, ABB logged revenue of $9.72 billion. GAAP reported sales were 9.1% higher than the prior-year quarter's $8.91 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.35. GAAP EPS of $0.29 for Q1 were 3.3% lower than the prior-year quarter's $0.30 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 29.3%, 90 basis points worse than the prior-year quarter. Operating margin was 10.7%, 90 basis points worse than the prior-year quarter. Net margin was 6.8%, 90 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $41.41 billion. The average EPS estimate is $1.49.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,727 members out of 1,774 rating the stock outperform, and 47 members rating it underperform. Among 273 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 267 give ABB a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ABB is outperform, with an average price target of $24.60.
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