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Stock impact report

Baxter (BAX) Q1 Earnings Beat Estimates, '24 EPS View Raised [Yahoo! Finance]

Baxter International Inc. (BAX) 
Last baxter international inc. earnings: 4/30 07:15 am Check Earnings Report
US:NYSE Investor Relations: investor.baxter.com
Company Research Source: Yahoo! Finance
Zacks Consensus Estimate of 61 cents by 6.6%. The bottom line improved 10.2% from the year-ago quarter's level. On a GAAP basis, the EPS from continuing operations was 7 cents, down 22% from the prior-year quarter's level. Continuing operations exclude Baxter's BioPharma Solutions business, which was divested during the third quarter of 2023. Adjusted EPS, including discontinued operations during the first quarter, was 85 cents, down 3% year over year. Revenue Details Revenues from continued operation totaled $3.59 billion, up 2% on a reported basis and 3% at constant currency (cc). The figure beat the Zacks Consensus Estimate by 1.1%. Despite better-than-expected results, shares of BAX were down 2.8% in pre-market trading. The company's shares have risen 10.6% year to date compared with the industry's growth of 6.6%. The broader S&P 500 Index has moved up 10.1% in the same period. Image Source: Zacks Investment Research Segmental Details As part of its transformatio Show less Read more
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