ABB GAAP EPS of $0.68 misses by $0.06, revenue of $9.47B beats by $30M; gives Q3 and updates FY outlook

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ABB press release ( ABBNY ): Q2 GAAP EPS of $0.68 misses by $0.06 . Revenue of $9.47B (+14.2% Y/Y) beats by $30M ; comparable +12%. Orders $12,042 million, +30%; comparable +28%. Operational EBITA1 $1,925 million; margin 20.2%. Cash flow from operating activities $1,150 million; +9%.

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ABB missed its Q2 GAAP EPS by $0.06, but revenue exceeded $30M at $9.47B. ABB has updated its Q3 and FY outlook.

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