Baxter (BAX) Tops Q2 EPS by 6c

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Baxter Reports Second-Quarter 2018 Results and Increases Earnings Outlook for Full-Year 2018

July 26, 2018 7:15 AM EDT

Second-quarter revenue of $2.8 billion increased 9 percent on a reported basis and 4 percent on an operational basis Second-quarter GAAP earnings per share (EPS) of $0.63; Adjusted EPS of $0.77 increased 22 percent Company raises full-year 2018 GAAP EPS to $2.48 to $2.59; Adjusted EPS to $2.94 to $3.00

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX), a leading global medical products company, today reported results for the second quarter of 2018 and increased its full-year 2018 earnings guidance.

Our solid second quarter... More