$0.37 EPS Expected for ABB Ltd (ABB)

September 22, 2018 - By James Douglas

ABB Ltd (NYSE:ABB) Logo

Analysts expect ABB Ltd (NYSE:ABB) to report $0.37 EPS on October, 25.They anticipate $0.03 EPS change or 8.82 % from last quarter’s $0.34 EPS. ABB’s profit would be $778.29M giving it 16.43 P/E if the $0.37 EPS is correct. After having $0.37 EPS previously, ABB Ltd’s analysts see 0.00 % EPS growth. The stock decreased 0.04% or $0.01 during the last trading session, reaching $24.31. About 1.62M shares traded. ABB Ltd (NYSE:ABB) has declined 2.92% since September 23, 2017 and is downtrending. It has underperformed by 18.54% the S&P500.

ABB Ltd (NYSE:ABB) Ratings Coverage

Among 2 analysts covering ABB Ltd (NYSE:ABB), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. ABB Ltd had 3 analyst reports since March 28, 2018 according to SRatingsIntel. The stock has “Sell” rating by Jefferies on Wednesday, March 28. The stock has “Hold” rating by Jefferies on Wednesday, July 11. As per Tuesday, September 4, the company rating was upgraded by Citigroup.

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 $51.14 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 23.62 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.

ABB Ltd (NYSE:ABB) Ratings Chart

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