NYSE$ABT
Abbott Laboratories · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Achieved strong double-digit earnings growth and raised guidance.
Abbott announced strong Q3 2020 financial results, driven by innovation and delivery despite challenging conditions. The company's new product pipeline remained highly productive, positioning it well to finish the year with momentum.
- Worldwide sales increased 9.6 percent on a reported basis and 10.6 percent on an organic basis.
- Worldwide Nutrition sales increased 2.6 percent on a reported basis and 4.1 percent on an organic basis.
- Worldwide Diagnostics sales increased 38.2 percent on a reported basis and increased 38.8 percent on an organic basis, with $881 million in global COVID-19 testing-related sales.
- Worldwide Medical Devices sales increased 3.4 percent on a reported basis and increased 2.6 percent on an organic basis.
Headline financials
Revenue & EPS history
Abbott · Revenue · Quarterly
$8.85B
Revenue by segment
Abbott · $6.7B total across 2 segments · Q3 2023
- Medical Devices$4.25B+17.5%63.4%
- Diagnostics$2.45B-33.3%36.6%
Forward guidance
Abbott projects full-year 2020 diluted earnings per share from continuing operations under GAAP of at least $2.35. Excluding specified items, projected adjusted diluted earnings per share from continuing operations would be at least $3.55 for full-year 2020.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.6%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+1.1%
Avg return
30 days after
61%
45 / 74 earnings
Positive
+10.3%
Q3 2013
Best reaction
-9.9%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -8.7% | -16.8% | |
| Q4 2025 | -9.9% | -10.3% | -7.1% | |
| Q3 2025 | -2.9% | -2.8% | -2.0% | |
| Q2 2025 | -0.1% | +1.4% | +3.3% | |
| Q1 2025 | +2.8% | +2.9% | +6.8% | |
| Q4 2024 | +0.8% | +10.8% | +15.5% | |
| Q3 2024 | +1.6% | +0.8% | -0.1% | |
| Q2 2024 | -2.5% | -0.7% | +6.0% | |
| Q1 2024 | -3.6% | -2.0% | -4.7% | |
| Q4 2023 | -1.4% | -0.5% | +4.8% | |
| Q3 2023 | +3.6% | +4.0% | +8.0% | |
| Q2 2023 | +6.5% | +5.3% | -3.3% | |
| Q1 2023 | +6.0% | +6.0% | +4.6% | |
| Q4 2022 | -1.3% | -2.4% | -10.7% | |
| Q3 2022 | -9.3% | -6.4% | -1.1% | |
| Q2 2022 | +0.7% | -1.3% | +0.1% | |
| Q1 2022 | +2.8% | +0.0% | -5.6% | |
| Q4 2021 | -2.3% | +3.4% | -0.7% | |
| Q3 2021 | +4.8% | +6.1% | +6.3% | |
| Q2 2021 | +1.5% | +0.7% | +6.2% | |
| Q1 2021 | -1.5% | -1.0% | -5.4% | |
| Q4 2020 | +4.9% | +6.8% | +4.4% | |
| Q3 2020 | +1.0% | +0.6% | +2.3% | |
| Q2 2020 | +2.6% | +1.5% | +3.4% | |
| Q1 2020 | +5.6% | +3.4% | -1.2% | |
| Q4 2019 | +1.1% | -0.2% | -2.5% | |
| Q3 2019 | +0.5% | -0.4% | +4.5% | |
| Q2 2019 | +5.5% | +5.9% | +1.9% | |
| Q1 2019 | -3.2% | -2.4% | -0.5% | |
| Q4 2018 | -0.9% | -3.4% | +6.5% | |
| Q3 2018 | -4.0% | -3.4% | +1.5% | |
| Q2 2018 | +1.6% | +0.6% | +3.1% | |
| Q1 2018 | +0.1% | -1.6% | +3.2% | |
| Q4 2017 | +6.7% | +6.9% | +0.8% | |
| Q3 2017 | +1.7% | +1.9% | +0.9% | |
| Q2 2017 | +2.9% | +2.8% | -1.4% | |
| Q1 2017 | +1.3% | +1.6% | -0.6% | |
| Q4 2016 | +1.6% | +1.6% | +12.5% | |
| Q3 2016 | -1.0% | -1.8% | -3.2% | |
| Q2 2016 | +3.0% | +3.9% | +5.8% | |
| Q1 2016 | +0.1% | — | — | |
| Q4 2015 | -6.5% | — | — | |
| Q3 2015 | +4.2% | — | — | |
| Q2 2015 | +2.9% | — | — | |
| Q1 2015 | +2.8% | — | — | |
| Q4 2014 | +3.1% | — | — | |
| Q3 2014 | +0.1% | — | — | |
| Q2 2014 | +1.8% | — | — | |
| Q1 2014 | +2.5% | — | — | |
| Q4 2013 | -4.3% | — | — | |
| Q3 2013 | +10.3% | — | — | |
| Q2 2013 | +0.0% | — | — | |
| Q1 2013 | +1.3% | — | — | |
| Q4 2012 | -0.3% | — | — | |
| Q3 2012 | -7.6% | — | — | |
| Q2 2012 | -1.0% | — | — | |
| Q1 2012 | -1.5% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q3 2011 | -0.4% | — | — | |
| Q2 2011 | -0.1% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q1 2008 | +1.4% | — | — | |
| Q4 2010 | +1.4% | — | — | |
| Q3 2010 | -0.8% | — | — | |
| Q2 2010 | +0.7% | — | — | |
| Q1 2009 | -1.4% | — | — | |
| Q1 2010 | +0.9% | — | — | |
| Q4 2007 | -1.1% | — | — | |
| Q4 2009 | -1.1% | — | — | |
| Q3 2008 | +1.4% | — | — | |
| Q3 2009 | +1.4% | — | — | |
| Q2 2009 | +2.1% | — | — | |
| Q4 2008 | +2.1% | — | — | |
| Q2 2008 | +2.1% | — | — |
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