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Market Update

Earnings on Tap: Abbott Laboratories

Despite notable progress in bringing down costs, the pharmaceuticals company still has plenty of room to increase profitability.

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Global pharmaceuticals and health-care products company  Abbott Laboratories (ABT)  is slated to report its latest results before markets open Wednesday.

Earnings are expected to come in at $0.44 per share per Wall Street estimates, compared with $1.08 per diluted share reported in the year-ago period.

Gazala Parveen does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.