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ABB Ltd. (NYSE:ABB) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased to $0.26 in the quarter versus EPS of $0.36 in the year-earlier quarter. Revenue rose 4.26% to $11.02 billion from the year-earlier quarter.
ABB Ltd. reported adjusted EPS income of $0.26 per share. By that measure, the company missed the mean analyst estimate of $0.36. It missed the average revenue estimate of $11.21 billion.
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