Baxter (BAX) Tops Q2 EPS by 6c; Boosts FY16 EPS Outlook

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Baxter Reports Second Quarter 2016 Results and Raises Financial Outlook for Full-Year 2016

July 26, 2016 7:00 AM EDT

Strong Operational Performance Across Baxters Portfolio Contributed to Growth in Second Quarter

Second Quarter GAAP Earnings Per Share Were $2.19; Adjusted Earnings Per Share Were $0.46

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX) today reported results for the second quarter of 2016, and increased its sales and earnings per share outlook for full-year 2016. Baxters second quarter worldwide sales totaled $2.6 billion, an increase of 4 percent on a reported basis and 6 percent on a constant currency basis as compared to the prior-year period.

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