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Abbott (ABT) Up 1.8% Since Last Earnings Report: Can It Continue?

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A month has gone by since the last earnings report for Abbott (ABT - Free Report) . Shares have added about 1.8% in that time frame, underperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Abbott due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.

How Have Estimates Been Moving Since Then?

It turns out, estimates revision have trended upward during the past month.

VGM Scores

Currently, Abbott has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. Following the exact same course, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending upward for the stock, and the magnitude of these revisions has been net zero. Notably, Abbott has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry Player

Abbott belongs to the Zacks Medical - Products industry. Another stock from the same industry, Neogen (NEOG - Free Report) , has gained 49.4% over the past month. More than a month has passed since the company reported results for the quarter ended February 2025.

Neogen reported revenues of $220.98 million in the last reported quarter, representing a year-over-year change of -3.4%. EPS of $0.10 for the same period compares with $0.12 a year ago.

For the current quarter, Neogen is expected to post earnings of $0.10 per share, indicating no change from the year-ago quarter. The Zacks Consensus Estimate has changed -23.8% over the last 30 days.

Neogen has a Zacks Rank #4 (Sell) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of D.


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