ABB News and Press, ABB Ltd From 07/29/22

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The demand for electrical products is growing steadily, but you wouldn't know it from ABB 's (NYSE: ABB) second-quarter 2022 financial results. Revenue was down 3% and net income fell 50%, which seem like indicators that we could be in a recession, even in electrical products. B...

Image source: The Motley Fool. ABB (NYSE: ABB) Q2 2022 Earnings Call Jul 21, 2022 , 1:00 a.m. ET Ann-Sofie Nordh Continue reading For further details see: ABB (ABB) Q2 2022 Earnings Call Transcript

ABB ( NYSE: ABB ) +1.9% in Thursday's trading after Q2 GAAP earnings and revenues missed expectations, but orders rose despite supply chain constraints linked to China's strict COVID lockdowns. The company's Q2 order intake totaled $8.8B, rising by 20% when strip...

ABB Ltd (ABB) Q2 2022 Earnings Conference Call July 21 2022 4:00 AM ET Company Participants Bjorn Rosengren - Chief Executive Officer Timo Ihamuotila - Chief Financial Officer Ann-Sofie Nordh - Head of Investor Relations Conference Call Participants B...

ABB press release ( NYSE: ABB ): Q2 GAAP EPS of $0.20 misses by $0.19 . Revenue of $7.3B (-2.0% Y/Y) misses by $180M . Orders $8.8B, +10%; comparable +20% and a record-high order backlog of $19.5B. Operational EBITA $1,136M; margin 15.5%. C...

ABB ( NYSE: ABB ) is scheduled to announce Q2 earnings results on Thursday, July 21st, before market open. The consensus EPS Estimate is $0.39 (+5.4% Y/Y) and the consensus Revenue Estimate is $7.48B (+0.4% Y/Y). Over the last 2 years, ABB has beaten EPS estimates ...

ABB ( NYSE: ABB ) announced its intention to spin off Accelleron (formerly ABB Turbocharging), its market-leading turbocharging division, through way of a dividend in kind of Accelleron Industries shares to ABB's shareholders. If spin-off is approved at the EGM on Sep....

A leader within industrial robotics and CNC machinery based out of Japan. Fanuc is consistently a profitable company, but also one with volatility in performance despite operating in a high growth industry. Having come down substantially, Fanuc now trades with a forward P/E just a...

ABB ( NYSE: ABB ) and Red Hat enter global partnership to deliver ABB automation and industrial software solutions at the intersection of information technology and operational technology, equipping the industrial ecosystem with extended deployment capabilities and greater agi...