Baxter (BAX) Tops Q1 EPS by 12c; Issues Light Q2 EPS Outlook

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Baxter Reports First Quarter Financial Results That Exceed Guidance

April 23, 2015 7:00 AM EDT

Pipeline Momentum Continues with Achievement of Regulatory Milestones, Regulatory Submissions, and Approvals

Company Progresses Toward Mid-Year Separation into Two Independent Companies

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX) today reported first quarter financial results that exceeded the companys previously issued guidance. Baxter reported first quarter net income of $430 million and earnings per diluted share of $0.78, compared to net income of $556 million and earnings per diluted share of $1.01 in the same period last year. First quarter 2015 results include net after-tax special items totaling $120 million (or... More