Abbott and AbbVie Gain Over 1.6% Outperforming S&P on Strong Q3 Growth Outlook
Question
Abbott and AbbVie Gain Over 1.6% Outperforming S&P on Strong Q3 Growth Outlook
Direct answer
Abbott Laboratories advanced 2.23% to $101.82, outpacing the S&P 500's 0.06% daily dip. The company is set to report third-quarter earnings on October 21, 2026, where consensus forecasts project a 9.23% year-over-year increase in EPS to $1.42 and a 13.52% expansion in revenue to $12.91 billion. AbbVie rose 1.65% to $281.04, building on a 7.53% one-month gain. Analysts project AbbVie's October 30 earnings release to reflect a 104.3% surge in EPS alongside a 10.01% top-line increase, providing fundamental support to the large-cap pharmaceutical complex.
- Original publisher
- Market Ontology
- Evidence through
- 2026-10-13
- Published
- 2026-10-20
- Revision
- 1 · 2026-10-20
Cite as: Market Ontology, “Abbott and AbbVie Gain Over 1.6% Outperforming S&P on Strong Q3 Growth Outlook”, revision 1, evidence through 2026-10-13. https://marketontology.com/market-events/2026-10-13/abbott-and-abbvie-gain-over-1-6-outperforming-s-p-on-strong-q3-growth-outlook-4d934e
How this development reaches the affected companies
| Asset | Exposure and channel | Direction | Evidence |
|---|---|---|---|
| ABT | earnings revision momentum ahead of October 21 print | Up1-4w | ABT gained 2.23% to $101.82 with Q3 revenue projected up 13.52% YoY. |
| ABBV | earnings multiple expansion on 104.3% projected EPS growth | Up1-4w | ABBV rose 1.65% to $281.04 with Q3 earnings scheduled for October 30. |
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What happened next
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- 2026-10-13Abbott Laboratories Rises 2.2% Ahead of Q3 Results Projecting 13.5% Top-Line GrowthABT IHI XLV+2.53%
- 2026-10-13Abbott Laboratories approaches Q3 earnings with 13.5% revenue growth forecastABT
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