Our next question comes from Larry Biegelsen from Wells Fargo. q3 earnings infographic investor newsletters. So I’m just curious, how should we be thinking about device procedures in Q4? And yeah, I would say, we haven’t seen the kind of demand that we thought we would see when we we’re putting those programs together. I mean, I expect a lot of companies will forecast double digit growth rates going into next year, so as you think about a lot of you looking at 2021. Dividend Definition. So taking our balance sheet, and applying that cash to invest in areas where we see opportunities for growth, that’s where we’ve been focused on. Members (Non-CDC) are requested to promptly notify the Company's Abbott Labs on Friday said its board increased the company's quarterly common dividend by 25% to 45 cents a share. We’ve got a lot of ongoing launch activity across all the businesses in the markets here. Thank you. On October 21st, 2020 Abbott Laboratories reported Q3 2020 results for the period ending September 30th, 2020. So I read some reports, it’s two years, it’s three years, I actually think, if we’re thinking long-term, strategically long-term, that might not be the right question, because I think it misses the point on what Abbott is actually doing right now. As I mentioned earlier, during the third quarter, we launched Libre 2 in the US, which sets a new standard in the market, with best-in-class accuracy and alarm performance as well as 40% longer wear time compared to competitors. And then more importantly, Robert, I’d love to get your view, just like based on everything you’re seeing right now, what are your directional thoughts on the outlook for 2021 for medical devices ex diabetes? If you look at the device portfolios that were a little bit, didn’t recover as fast really was vascular and CRM. Before we get started, some statements made today may be forward-looking for purposes of the Private Securities Litigation Reform Act of 1995, including the expected financial results for 2020. But obviously, we’re working that. Vascular you’ve got an average price erosion there of 5% to 6%. Abbott cautions that these forward-looking statements are subject to risks and uncertainties, including the impact of the COVID-19 pandemic, on Abbott’s operations and financial results that may cause actual results to differ materially from those indicated in the forward-looking statements. And as I said in the opening comments, we started to see a little bit of a pickup in September, in terms of positive growth for all these geographies, and that’s coupled with again, a new cycle here of reopening of the tenders. Although still early in the launch, customer feedback has been overwhelmingly positive. On today’s conference call, as in the past, non-GAAP financial measures will be used to help investors understand Abbott’s ongoing business performance. And I think, Q2, our sales were just under $600 million and Q3 sales were just under $700 million. Okay, thanks so those powerful thoughts, Robert. Unless otherwise specified, all product and service names appearing in this Internet site are trademarks owned by or licensed to Abbott, its subsidiaries or affiliates. During the quarter, we saw challenging market conditions in several countries due to the COVID pandemic, whereas the virus had its biggest impact in developed countries during the second quarter, we saw it hit emerging markets more significantly this past quarter, which lowered market demand. Great, that was really helpful. Despite the challenges faced in 2020, the company remains relatively optimistic regarding its future, After a long spell of slowdown, The Boeing Company (NYSE: BA) is seeing signs of a gradual recovery after it resumed delivery of 737 MAX jets, the grounded aircraft model, © 2020 AlphaStreet Inc. All Rights Reserved, General Motors (GM) reports strong sales growth for Q4 but full-year sales see a drop, Three factors that form a key part of Ford’s (F) growth strategy, Boeing (BA) set to gain altitude on 737 MAX clearance, vaccine rollout. infographic. And we’ve increased our full year EPS guidance, which highlights the strength and resilience of our diversified business model. Our next question comes from Vijay Kumar from Evercore. It’s a little premature here David to kind of start talking specific about guidance. A lot of the portfolio is still very resilient. Good morning, everyone and thank you for joining us. Yeah, EPD, we definitely saw some more challenging market conditions in this quarter than what we had in Q1 and Q2. Hi, great. Thanks for taking the questions. And again, I think that’s going to be predicated on two factors, just like we spoke about it in July in the earnings call, it’s going to be the continued recovery of our base business and then obviously, our ability to ramp up COVID and COVID testing. Got you. Considering that we’re in a zero interest rate environment, maybe thoughts on optimal balance sheet structure here and what opportunities do you see if perhaps on the inorganic side? So I’m very excited about that structural heart portfolio. Add ABT to your watchlist to be reminded of ABT's next dividend payment. This is a positive change from Abbott Laboratories’s previous quarterly dividend of $0.36. And I think a key aspect of that trending in the right direction is our pipeline, our pipeline has been highly productive. A lot of our investment here has been to drive organic growth. Welcome to Abbott’s Third Quarter 2020 Earnings Conference Call. But I give some general comments here. Can you give us an update on your structural heart platform and what we might be looking forward to in the next 12 to 18 months? For the For the quarter the company generated $8.85 billion in sales (62% of which was outside the U.S.), representing a 9.6% Sweet numbers are EPS, $4.25, based on the updated guidance for ’20 [Phonetic] of $3.55. Our last question comes from Josh Jennings from Cowen. abbott dividend payout jumps 25%. Categories Earnings Call Transcripts, Health Care, Abbott Laboratories (NYSE: ABT) Q3 2020 earnings call dated Oct. 21, 2020, Scott Leinenweber — Vice President of Investor Relations, Licensing and Acquisitions, Robert B. Ford — President and Chief Executive Officer, Robert E. Funck — Executive Vice President of Finance and Chief Financial Officer, Josh Jennings — Cowen and Company — Analyst. US launch of FreeStyle Libre 2, which sets a new standard of accuracy and performance in the market; CE Mark of Libre 3, which automatically delivers real time glucose readings every minute in the world’s smallest and thinnest wearable sensor; CE Mark of Libre Sense Glucose Sport Biosensor, our initial step to expand use of the Libre platform beyond diabetes; and finally, CE Mark of MitraClip G4, the latest generation of our market leading minimally invasive mitral heart valve repair device. I don’t think that COVID testing is going to go away anytime soon and I think it’s big. Sure, on the outlook there of devices, I would say, listen, I think that we had a really big impact in Q2 across the world, US and internationally, because I think a lot of — this was a new thing, this was a new virus and the shutdown was pretty dramatic, was pretty significant. But obviously, if you look at the athletic training and sports population, it’s a significantly large population here. What I can reemphasize here is that COVID is definitely going to be a big boost for us, continue to be a big driver for us into 2021. Thank you. ABBOTT LABORATORIES (PAKISTAN) LIMITED : Forcasts, revenue, earnings, analysts expectations, ratios for ABBOTT LABORATORIES (PAKISTAN) LIMITED Stock | ABOT | PK0025701019 ... 2020: ABBOTT LABORATORIES (PAKISTAN) LIMITED: Ex-dividend day for interim dividend: FA. Bottom line growth mentioned earlier, please note that all references to growth! I mean, I think it ’ s Investor Relations, Licensing and Acquisitions so, we were definitely share... Call will be available after 11:00 AM Central time today on Abbott s. 30, 2020 at 6:08AM... Abbott Laboratories ’ s third quarter 2020 Earnings Conference call look beatable 3.55! Average price erosion there of 5 % to 6 % testament to our allocation strategy webcast replay of this will! A good quarter then one big picture question on balance sheet by Ensure, our sales growth high. 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