April 17 (Reuters) - Abbott Laboratories ( ABT ) beat
Wall Street estimates for quarterly profit on Wednesday and
raised the lower end of its forecast, as robust demand for
medical procedures boosted sales of its devices, including its
glucose-monitoring products.
On an adjusted basis, the company reported first-quarter
profit of 98 cents per share, compared with analysts' estimate
of 95 cents per share, according to LSEG data.
The company now expects a full-year profit of $4.55 to $4.70
per share, raising the lower end from $4.50 per share. Analysts
were expecting a profit of $4.60 per share.