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Baxter International Inc. (BAX) Reports Strong Q1 Results; Raises FY11 Outlook

April 21, 2011 7:04 AM
Baxter International Inc. (NYSE: BAX) reported Q1 EPS of $0.98, $0.05 better than the analyst estimate of $0.93. Revenue for the quarter came in at $3.28 billion versus the consensus estimate of $3.17 billion.

Sees Q2 EPS of $1.01-$1.03, versus the consensus of $1.00.

Raises its FY11 EPS guidance from $4.15-$4.25 to $4.20-$4.28, versus the consensus of $4.20.

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