ABB Missed Consensus Estimates

ABB (ABBNY) reported earnings of $0.66 per share on revenue of $9.48 billion for the second quarter ended June 2026. The consensus earnings estimate was $0.79 per share. The company missed consensus estimates by 16.46% while revenue grew 6.46% on a year-over-year basis.

ABB is a leading technology company. Its products and services can be used in automated manufacturing, providing digital solutions, electrification of industry and transport and enhancing productivity. It reports business under 4 segments - Electrification, Robotics & Discrete Automation, Process Automation and Motion. Electrification segment is responsible for the manufacture and sale of products and services, including low and medium voltage switchgear, control products, DIN rail components, wiring accessories and installation material for a plethora of applications. Robotics & Discrete Automation: This segment includes the machine and factory automation solutions from the business of B&R and a wide-ranging robotics solutions and applications suite. Process Automation: This provides control and plant optimization systems and automation products and solutions for optimizing the productivity of industrial processes. Motion:?The segment specializes in supplying motors, drives and generator products.