Abbott Labs Ups Guidance but Sees Third Quarter Below Estimates

Wednesday, July 16, 2008; Posted: 07:36 AM

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Jul 16, 2008 (EarningsWhispers Guidance Summaries via Comtex) -- ABT | Quote | Chart | News | PowerRating -- Abbott Laboratories (NYSE: ABT | Quote | Chart | News | PowerRating) said it expects third quarter earnings of $0.76 to $0.78 per share and 2008 earnings of $3.24 to $3.28 per share. The company's previous guidance was 2008 earnings of $3.20 to $3.25 per share. The current consensus earnings estimate is $0.79 per share for the quarter ending September 30, 2008 and earnings of $3.23 per share for the year ending December 31, 2008.

This earnings guidance summary was provided by EarningsWhispers, a leading provider of earnings expectations - including corporate guidance announcements and analysts' expectations that differ from published estimates. http://www.earningswhispers.com

For full details on Abbott Laboratories (ABT) click here. Abbott Laboratories (ABT) has Short Term PowerRatings of 6. Details on Abbott Laboratories (ABT) Short Term PowerRatings is available at This Link.

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