Baxter Q1 Earnings Beats Expectations On Stabilizing Macro Settings, Improved Supply Chain
Yahoo! Finance
Baxter International Inc (NYSE: BAX) posted Q1 revenue of $3.65 billion, which beat the consensus of $3.60 billion, down 2% Y/Y on a reported basis and up 2% on a constant currency, exceeding the company's previously issued guidance the company said. Adjusted EPS of $0.59, down 37% Y/Y, surpassed the consensus of $0.49 and the management consensus of $0.46-$0.50. Sales growth in the quarter was primarily driven by strength in Advanced Surgery, Front Line Care, Pharmaceuticals, and Renal Care, pa
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