ABB (NYSE:ABB) reported its Q4 earnings results on Thursday, February 3, 2022 at 01:00 AM.
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Here’s what investors need to know about the announcement.
Earnings
ABB missed estimated earnings by 17.5%, reporting an EPS of $0.33 versus an estimate of $0.4, which surprised analysts.
Revenue was up $385.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05, which was followed by a 1.07% increase in the share price the next day.
Here’s a look at ABB’s past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.38 | 0.34 | 0.31 | |
| EPS Actual | 0.33 | 0.37 | 0.26 | 0.26 |
| Revenue Estimate | 7.36B | 7.02B | 6.72B | 6.85B |
| Revenue Actual | 7.03B | 7.45B | 6.90B | 7.18B |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.