Baxter (BAX) Tops Q4 EPS by 11c

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Go back to Baxter (BAX) Tops Q4 EPS by 11c

Baxter Announces Fourth Quarter Results and Provides 2016 Financial Outlook

February 2, 2016 7:00 AM EST

Post-Spin Margin Expansion Efforts Gain Momentum and Contribute to Strong Fourth Quarter Performance

Sales and Earnings Per Share Exceed Guidance for the Quarter

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX) today reported results for the fourth quarter of 2015 that exceeded the companys previously issued guidance.

Baxter reported income from continuing operations of $190 million, or $0.34 per diluted share, on a GAAP (Generally Accepted Accounting Principles) basis. These results included net after-tax special items totaling $46 million (or $0.09 per diluted share) primarily related to costs associated... More