ABB Ltd
ABBN: XSWX (CHE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ZD | LOCK|>&! | LOCK|^H@#QH |
ABB Earnings: Data Center Demand Propels Record Order Intake in Q2; Raising Fair Value Estimate
ABB delivered stellar second-quarter results that saw organic order grow 26% year over year to reach a record of $12.0 billion. Full-year comparable revenue growth guidance was raised for the second consecutive quarter. ABB also announced the acquisition of Rotork plc for $5.5 billion.
