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ABB Q4 2022 Earnings Report

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$55.23 +0.83 (+1.53%)
As of 01/17/2025 03:59 PM Eastern

ABB EPS Results

Actual EPS
$0.60
Consensus EPS
$0.39
Beat/Miss
Beat by +$0.21
One Year Ago EPS
N/A

ABB Revenue Results

Actual Revenue
$7.82 billion
Expected Revenue
$7.58 billion
Beat/Miss
Beat by +$247.58 million
YoY Revenue Growth
N/A

ABB Announcement Details

Quarter
Q4 2022
Time
N/A

Conference Call Resources

ABB Earnings Headlines

ABB downgraded to Underperform from Market Perform at Bernstein
ABB Ltd. (ABBNY) Stock Forecasts
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ABB: Massive Overvaluation
ABB upgraded to Buy from Neutral at BofA
ABB price target raised to CHF 49 from CHF 45 at JPMorgan
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About ABB

ABB (NYSE:ABBNY) provides electrification, motion, and automation solutions and products for customers in utilities, industry and transport, and infrastructure in Switzerland, rest of Europe, the Americas, the United States, rest of Asia, the Middle East, Africa, China, and internationally. Its Electrification segment offers renewable power solutions, modular substation packages, distribution automation products, switchboards and panelboards, switchgears, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions. The company's Motion segment designs, manufactures, and sells drives, motors, generators, and traction converters that are driving the low-carbon future for industries, cities, infrastructure, and transportation. The company's Process Automation segment provides control technologies, industrial software, advanced analytics, sensing and measurement technology, and marine propulsion systems; and repair, remote monitoring, preventive maintenance, asset performance management, emission monitoring, and cybersecurity services. The company's Robotics & Discrete Automation segment offers industrial and collaborative robots, autonomous mobile robotics, mapping and navigation solutions, robotic solutions, field services, spare parts, and digital services. This segment also provides solutions based on its programmable logic controllers, industrial PCs, servo motion, transport systems, and machine vision. It serves oil, gas, chemicals, mining, metals, cement, pulp and paper, pharmaceuticals, battery manufacturing, food and beverage, power generation, water, marine, and ports industries. The company was founded in 1883 and is headquartered in Zurich, Switzerland.

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