ABB News and Press, ABB Ltd

2023-05-21 06:15:00 ET Artificial intelligence (AI) has engulfed the headlines in a frenzy of fortune and fear. While AI is nothing new, the integration of AI into applications consumers regularly use is a major development. Even Warren Buffett and Charlie Munger discussed AI and robotics...

2023-05-21 04:27:00 ET Summary The affordability and capabilities of robots have led to their widespread adoption in many different industries, making them an essential part of our daily lives. In recent years, the significant improvement in the cost-effectiveness of robots can be...

2023-05-13 07:00:31 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips When searching for the best AI stock hidden gems, you must decide how you want to bet on artificial intelligence. If you’re looking for pure plays, you’re better off going with st...

2023-05-07 09:40:00 ET The concurrent trends of grid modernization and the "electrification of everything" are arguably still in their early innings. The results and earnings momentum of some of the leading players in the field, including General Electric (NYSE: GE) , ABB (NYS...

2023-05-04 11:14:06 ET Summary Eaton posted good first quarter results, with revenue and segment income outperformance and upgraded full-year revenue growth guidance, but segment-level margins were mixed. The Electrical business remains the primary growth driver for Eaton and whil...

2023-05-02 08:06:42 ET Summary The company's 1Q23 results exceeded expectations, with robust organic order expansion, an increase in FY23 growth guidance from 5% to 10%, and strong cash flow anticipated. There are some minor concerns, such as leveling off growth rates in certain d...

2023-04-28 04:00:59 ET Summary ABB has healthy financials. The entire robotics and automated manufacturing industry is expected to experience sustained tailwinds. Its Price/Cash Flow of 32.23 indicates the company is presently overvalued. The company projects at least 10% ...

2023-04-25 10:15:24 ET ABB Ltd. ( NYSE: ABB ) +3.1% in Tuesday's trading after reporting better than expected Q1 earnings and sales, and doubling its full-year revenue forecast . Q1 net profit surged to $1.04B from $604M in the year-earlier quarter, beating forecasts...

2023-04-25 01:09:07 ET ABB press release ( NYSE: ABB ): Q1 GAAP EPS of $0.56. Revenue of $7.86B (+12.8% Y/Y) beats by $280M . Orders $9,450M, +1%; comparable1 +9%. Operational EBITA $1,277M; margin1 16.3%. Cash flow from operating activities $282M. Ou...

2023-04-24 13:02:20 ET ABB ( NYSE: ABB ) is scheduled to announce Q1 earnings results on Tuesday, April 25th, before market open. The consensus EPS Estimate is $0.38 (+22.6% Y/Y) and the consensus Revenue Estimate is $7.57B (+8.6% Y/Y). Over the last 2 years, ABB has...