![]() It holds a strong solvency position in the near term. The outlook for its defense business also remains optimistic. Lately, the company has been witnessing solid recovery in its commercial business. However, Boeing remains the largest aircraft manufacturer in the United States, in terms of revenue, orders and deliveries. The Russia-Ukraine crisis poses risk for Boeing. ![]() Its arch-rival, Airbus, remained quite a step ahead in terms of commercial deliveries during the fourth quarter of 2022. The company’s 737 MAX program remains a cause of concern in China, thus impacting its expectation of delivery timing and future gradual production rate increases. Shares of Boeing have declined -2.4% over the past year against the Zacks Aerospace - Defense industry’s decline of -7.4%. (You can read the full research report on Abbott Laboratories here >) Meanwhile, the Diabetes Care business continued to benefit from the growing sales of its flagship, sensor-based continuous glucose monitoring system, FreeStyle Libre. Within EPD, sales increased 8% organically in the fourth quarter led by double-digit growth across several countries. Excluding COVID testing sales, worldwide Diagnostics sales grew over 11% led by rapid diagnostics. However, Abbott exited the fourth quarter of 2022 with better-than-expected earnings and revenues. infant formula sales due to manufacturing disruptions dented the quarter’s sales further. The company’s numbers declined on a year-over-year basis in the latest quarterly release, with sales were negatively impacted by a decline in COVID testing-related sales. Shares of Abbott Laboratories have declined -13.7% over the past year against the Zacks Medical - Products industry’s decline of -37.7%. You can see all of today’s research reports here > These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. Today's Research Daily features new research reports on 16 major stocks, including Abbott Laboratories, The Boeing Company and Diageo plc. The Zacks Research Daily presents the best research output of our analyst team. Here are highlights from Thursday’s Analyst Blog: Top Analyst Reports for Abbott Labs, Boeing and Diageo Stocks recently featured in the blog include: Abbott Laboratories ABT, The Boeing Company BA, Diageo plc DEO, Lam Research Corp. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Chicago, IL – Febru– announces the list of stocks featured in the Analyst Blog.
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