|Bid||0.00 x 4000|
|Ask||0.00 x 1100|
|Day's Range||33.07 - 33.44|
|52 Week Range||16.80 - 33.48|
|Beta (5Y Monthly)||1.09|
|PE Ratio (TTM)||13.63|
|Forward Dividend & Yield||0.87 (2.62%)|
|Ex-Dividend Date||Mar. 29, 2021|
|1y Target Est||34.11|
ABB provides preliminary data for the first-quarter 2021 results and updates its revenue guidance for 2021.
ABB is publishing preliminary information on its first-quarter 2021 results, which according to the information available to the company, is better than the latest company guidance and current market consensus. The preliminary results were driven by a stronger-than-anticipated market development, especially during the last weeks of March, and relates primarily to the short-cycle business. Quarterly demand is likely to have been supported by customer stock-building activities related to both component availability constraints and rising commodity prices in the industry.
ABB's new share repurchase program is expected to remain operational till Mar 23, 2022.