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ABB Q2 2024 Earnings Report

ABB logo
$57.85 -0.59 (-1.01%)
As of 02/21/2025 03:57 PM Eastern

ABB EPS Results

Actual EPS
$0.59
Consensus EPS
$0.76
Beat/Miss
Missed by -$0.17
One Year Ago EPS
N/A

ABB Revenue Results

Actual Revenue
$8.24 billion
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

ABB Announcement Details

Quarter
Q2 2024
Time
TAS

ABB Earnings Headlines

ABB: AI-Driven Data Center Catalyst Remains Intact
ABB downgraded to Hold from Buy at Erste Group
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ABB Ltd 2024 Q4 - Results - Earnings Call Presentation
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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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