ABB gives Q2 numbers above estimates

5 hours ago 1
  • ABB press release (OTCPK:ABBNY): Q2 GAAP EPS of $0.63 beats by $0.01.
  • Revenue of $8.9B (+8.0% Y/Y) beats by $80M.
  • • Orders $9,785 million, +16%;
  • Income from operations $1,573 million; margin 17.7%
  • Operational EBITA1 $1,708 million; margin1 19.2%
  • Cash flow from operating activities $1,059 million; -1%
  • Return on Capital Employed 23.1%

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