Baxter Reports Preliminary Third Quarter 2019 Operating Results

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Baxter (BAX) Reports Q3 Revenues of $2.85B

October 24, 2019 7:18 AM EDT

Baxter (NYSE: BAX) reported Q3 revenue for the quarter came in at $2.85 billion versus the consensus estimate of $2.86 billion.

Third quarter net revenue of $2.85 billion increased 3% on a reported basis and 5% on both a constant currency and operational basis1Third quarter GAAP operating income totaled $503 million or 17.6% of sales; adjusted operating income totaled $555 million or 19.5%... More