Baxter falls on downbeat 2026 profit forecast

Baxter International

12/02/2026 12:31

** Shares of medical device maker Baxter International BAX.N fall 16% to $18.64 premarket

** Co forecasts 2026 profit in the range of $1.85 and $2.05 per share, below analysts' average estimate of $2.25, according to data compiled by LSEG

** BAX reports Q4 adj. EPS of 36 cents, falling far short of estimates of 54 cents

** Co posts Q4 revenue of $2.97 billion, vs est of $2.82 billion

** BAX stock slumped 34% in 2025

 (Reporting by Padmanabhan Ananthan)

 ((Padmanabhan.Ananthan@thomsonreuters.com))