ABB Expected to Beat Expectations Again

Dow Jones06-29 17:44

0944 GMT - ABB is expected to deliver another strong second quarter, with performance likely to exceed already elevated expectations, Barclays analysts say in a research note. The Swiss industrial-technology company's key driver remains robust demand in electrification, the analysts say. Data centers continue to be seen as the standout growth engine, with the analysts forecasting strong double-digit order growth, even with recent extreme growth rates moderating. Estimates for earnings have been revised higher, reflecting better-than-expected momentum in electrification and steady demand across end markets, they say. Automation remains a relative offset due to tougher comparisons, they add. Shares trade broadly flat at 84.62 Swiss francs. (nina.kienle@wsj.com)

(END) Dow Jones Newswires

June 29, 2026 05:44 ET (09:44 GMT)

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Estimates for earnings have been revised higher, reflecting better-than-expected momentum in electrification and steady demand across end markets, they say. Automation remains a relative offset due to tougher comparisons, they add. Shares trade broadly flat at 84.62 Swiss francs. 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