ABB Q3 2024 Earnings Report

ABB EPS Results

• Actual EPS: $0.51
• Consensus EPS: $0.55
• Beat/Miss: Missed by -$0.04
• One Year Ago EPS: N/A

ABB Revenue Results

• Actual Revenue: $8.15 billion
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

ABB Announcement Details

• Quarter: Q3 2024
• Date: 10/17/2024
• Time: TAS
• Conference Call Date: N/A
• Conference Call Time: N/A

ABB (OTCMKTS:ABBNY). is a global engineering and technology company headquartered in Zürich, Switzerland, with roots dating to the 1988 merger of ASEA and Brown, Boveri & Cie. The company develops and supplies technologies that enable electrification, automation and digitalization across utility, industrial, transportation and infrastructure markets. ABB’s offerings span hardware, software and services designed to improve efficiency, reliability and sustainability for its customers.

ABB’s principal activities include electrification products and systems for power distribution and management; industrial and factory automation solutions; robotics and discrete automation for manufacturing; and motion technologies including electric motors and drives. The company also provides industrial software, cloud-connected control systems and lifecycle services that support plant operations, predictive maintenance and energy optimization. ABB markets robotics for a range of industries, from automotive assembly to electronics and logistics, and offers charging and power-management products for electrified transport and buildings.

Operating across a broad global footprint, ABB serves customers in more than 100 countries through manufacturing sites, service centers and a worldwide sales organization. The company emphasizes digital offerings—such as its ABB Ability portfolio—that integrate industrial control, analytics and remote services to help customers accelerate digital transformation and decarbonization goals. ABB is managed by an executive leadership team and board of directors based in Switzerland and conducts multinational operations to support large industrial projects as well as ongoing service contracts and aftermarket support.