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Abbott
Abbott Announces Earnings Guidance for 2009
February 1st, 2009
Abbott today is announcing its full-year earnings-per-share guidance for 2009 and confirming its previously issued 2008 earnings-per-share guidance of $3.31 to $3.33, excluding specified items. For 2009, the company expects earnings per share of $3.65 to $3.70 under Generally Accepted Accounting Principles (GAAP) and on a non-GAAP basis. The midpoint of this 2009 guidance reflects double-digit growth over the midpoint of 2008 earnings-per-share guidance. Abbott's 2009 outlook includes the acquisition of Advanced Medical Optics (AMO) as announced (see separate news release). Abbott expects the AMO transaction to be neutral to ongoing earnings per share in 2009 and...
Source: Pharma Investments, Ventures & Law Weekly (2009-02-01)
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