Baxter International Inc reports results for the quarter ended December 31 - Earnings Summary

Baxter International

20/02/2025 14:32

* Baxter International Inc  BAX.N  reported quarterly
adjusted
earnings of 58 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 88 cents.  The mean expectation of
fourteen analysts for the quarter was for earnings of 52 cents
per share. Wall Street expected results to range from 51 cents
to 53 cents per share.
    * Revenue fell 29.1% to $2.75 billion from a year ago;
analysts
expected $2.67 billion. 
    * Baxter International Inc's reported EPS for the quarter
was a
loss of $1.00​.
    * The company reported a quarterly loss of $512 million.
    * Baxter International Inc shares had risen by 5.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 12
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "hold"

Wall Street's median 12-month price target for Baxter
International Inc is $38.00 
This summary was machine generated from LSEG data February 20 at
02:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.52           0.58           Beat
 Sep. 30 2024      0.78           0.80           Beat
 Jun. 30 2024      0.66           0.68           Beat
 Mar. 31 2024      0.61           0.65           Beat