02.05.2024 13:26:35 - dpa-AFX: Baxter International Inc. Q1 Profit Decreases, but beats estimates

DEERFIELD (dpa-AFX) - Baxter International Inc. (BAX) announced a profit for
first quarter that decreased from last year but beat the Street estimates.

The company's bottom line came in at $37 million, or $0.07 per share. This
compares with $44 million, or $0.09 per share, in last year's first quarter.

Excluding items, Baxter International Inc. reported adjusted earnings of $333
million or $0.65 per share for the period.

Analysts on average had expected the company to earn $0.61 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 2.3% to $3.59 billion from $3.51
billion last year.

Baxter International Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $37 Mln. vs. $44 Mln. last year.
-EPS (Q1): $0.07 vs. $0.09 last year.
-Revenue (Q1): $3.59 Bln vs. $3.51 Bln last year.

-Guidance:
Full year EPS guidance: $2.88 to $2.98


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
BAXTER INTL DL 1 853815 Frankfurt 30,450 31.05.24 15:29:01 -0,050 -0,16% 0,000 0,000 30,555 30,450

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH