Baxter (BAX) Tops Q3 EPS by 6c, Revenues Beat; Offers FY18 EPS Outlook

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Baxter Reports Third-Quarter 2018 Results and Updates Financial Outlook for Full-Year 2018

October 31, 2018 7:15 AM EDT

Third-quarter revenue of $2.8 billion increased 2 percent on a reported basis and 3 percent on an operational basis Third-quarter GAAP earnings per share (EPS) of $1.00; Adjusted EPS of $0.80 increased 25 percent Company expects full-year 2018 sales growth of approximately 5 percent on a reported basis and approximately 3 percent on an operational basis Company expects full-year 2018 GAAP EPS of $2.90 to $2.94; Adjusted EPS of $2.98 to $3.00

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX), a leading global medical products company, today... More