UPDATE: Baxter (BAX) Tops Q3 EPS by 13c; Hikes FY16 EPS Outlook

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Go back to UPDATE: Baxter (BAX) Tops Q3 EPS by 13c; Hikes FY16 EPS Outlook

Baxter Reports Third Quarter 2016 Results and Increases Financial Outlook for Full-Year 2016

October 25, 2016 7:00 AM EDT

Strong Operational Performance Contributes to Margin Improvement

Third Quarter GAAP Earnings per Share of $0.23;
Adjusted Earnings per Share of $0.56 increased 37 percent

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX) today reported results for the third quarter of 2016, and increased its earnings per share outlook for full-year 2016. Baxters third quarter worldwide sales totaled $2.6 billion, an increase of 3 percent on a reported basis and 4 percent on a constant currency basis as compared to the prior-year period.

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