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BioWorld - Thursday, June 25, 2026
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Home » Abbott cuts 2026 profit forecast on Exact deal, shares fall
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Abbott cuts 2026 profit forecast on Exact deal, shares fall

April 16, 2026
By Shani Alexander
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Abbott Laboratories saw its shares fall in early trading April 16 after cutting its guidance for 2026 on the back of dilution related to its $21 billion acquisition of Exact Sciences Corp. The company revised its full year adjusted earnings per share guidance to $5.38 to 5.58, down from $5.55 to $5.80 previously. The updated outlook includes 20 cents of dilution related to the Exact deal. Abbott also reported first quarter profits of $1.08 billion, down 18.7% from a year ago.
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