Shares of healthcare product and device company Abbott Laboratories (NYSE:ABT)
jumped 5.4% in the morning session after the company reported decent first-quarter 2025 results with revenue in line, although its organic revenue fell slightly short of Wall Street's estimates. EPS in the quarter beat slightly, while full-year EPS guidance met expectations. The full-year sales outlook was also maintained, which was encouraging despite the uncertain macro backdrop.
Taking a closer look at the numbers, the company recorded a 12.6% organic growth in its Medical Devices segment, powered by robust demand for diabetes care and heart-related technologies. This strength helped lift total company organic sales by 6.9%, with double-digit growth in U.S. sales, even as Diagnostics weighed on results due to falling COVID-19 testing demand.
Overall, this was a good quarter without many big surprises, which is a good thing in this market.
Abbott Laboratories’s shares are not very volatile and have only had 1 move greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.
Abbott Laboratories is up 17.1% since the beginning of the year, and at $132.82 per share, it is trading close to its 52-week high of $140.22 from March 2025. Investors who bought $1,000 worth of Abbott Laboratories’s shares 5 years ago would now be looking at an investment worth $1,383.
Join thousands of traders who make more informed decisions with our premium features.
Real-time quotes, advanced visualizations, backtesting, and much more.