Previous Close | 32.93 |
Open | 33.27 |
Bid | 30.01 x 1300 |
Ask | 34.00 x 900 |
Day's Range | 33.15 - 33.48 |
52 Week Range | 16.80 - 33.48 |
Volume | 1,478,293 |
Avg. Volume | 1,823,201 |
Market Cap | 67.375B |
Beta (5Y Monthly) | 1.09 |
PE Ratio (TTM) | 13.69 |
EPS (TTM) | 2.44 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.87 (2.62%) |
Ex-Dividend Date | Mar. 29, 2021 |
1y Target Est | 33.56 |
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.