CLAIM #3119 · Abbott Laboratories (ABT) · 2023Q4 earnings call · Jan 23, 2024 · due Dec 31, 2024
“And I'm forecasting here top-tier growth in 2024.”
Robert Ford · CEO
In context
“wrap up here. And like I said in the beginning, very successful year 2023, in many ways, it sort of represented this transition year regarding the coming down of COVID. I think we did a really good job at managing the scale up and the scale down, a lot of healthcare companies actually participated and -- in trying to solve the COVID problem and I think we did a good job here at being able to scale up and scale down. Our performance here is now transitioned from being driven by COVID testing to once again being driven by a broad-based strength across the entire company. We delivered double-digit organic sales growth on every base business every quarter. And we're clearly entering 2024 with a lot of momentum. The pipeline we talked a little bit about it, continues to be highly productive. And I'm forecasting here top-tier growth in 2024. And as you look at our range on the EPS guide, like I said, there's probably more upside to that than downside. But we're in January. So we're off to a good start and looking forward to executing this year. Michael Comilla: Okay. Thank you, operator, and thank you all for your questions. This now concludes Abbott's conference call. A webcast replay of this call will be available after 11:00 a.m. Central Time today on Abbott Investor Relations website at abbottinvestor.com. Thank you for joining us today. Operator: Thank you. This concludes today's conference call. Thank you for your participation. You may now disconnect. Everyone, have a wonderful day.”
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SEC filings for ABT ↗ · Claim quote is verbatim from the 2023Q4 earnings call.