Baxter gains on 2026 profit forecast raise, Q3 results beat
29/10/2026 11:36
BUZZ-Baxter gains on 2026 profit forecast raise, Q3 results beat ** Shares of medical equipment maker Baxter International BAX.N rise 4.3% to $26.55 premarket
** Company raises annual adjusted profit expectations to a range of $2.05 to $2.15 per share, from $1.95 to $2.15 earlier
** BAX reports Q3 adj. profit of 58 cents per share vs analysts' est. of 52 cents - data compiled by LSEG
** Q3 revenue at $2.98 billion vs est. of $2.91 billion
** Expects annual revenue to grow 4% to 5%, compared with 3% to 4% increase forecast earlier
** As of last close, BAX shares up 33.2% YTD
(Reporting by Padmanabhan Ananthan)