Enfamil helps Abbott Labs grow

Abbott Laboratories said its fourth-quarter profit rose 12.3 percent to $1.62 billion, or $1.45 per diluted share, beating Wall Street’s estimates.

Revenue in the quarter was $10.38 billion, up 4.1 percent from $9.97 billion in the same quarter a year earlier.

Analysts polled by Thomson Reuters expected earnings per share of $1.44 per quarter.

via 4Q profit up 12% – chicagotribune.com.

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