ABB (NYSE:ABB) reported its Q1 earnings results on Thursday, April 21, 2022 at 01:00 AM.
Here's what investors need to know about the announcement.
Earnings
ABB beat estimated earnings by 19.23%, reporting an EPS of $0.31 versus an estimate of $0.26.
Revenue was up $64.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.07 which was followed by a 0.7% drop in the share price the next day.
Here's a look at ABB's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.40 | 0.38 | 0.34 | 0.31 |
| EPS Actual | 0.33 | 0.33 | 0.37 | 0.26 |
| Revenue Estimate | 7.31B | 7.36B | 7.02B | 6.72B |
| Revenue Actual | 7.57B | 7.03B | 7.45B | 6.90B |
To track all earnings releases for ABB visit their earnings calendar here..
This article was generated by Benzinga's automated content engine and reviewed by an editor.
