Abbott beats Street 1Q forecasts

April 22, 2015 12:12 PM

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Abbott Laboratories (ABT) on Wednesday reported first-quarter net income of $2.29 billion.

The Abbott Park, Illinois-based company said it had net income of $1.51 per share. Earnings, adjusted to account for discontinued operations, came to 47 cents per share.

Also read: BAT offers to buy U.S. tobacco firm Reynolds in $47 billion deal

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