Baxter (BAX) Misses Q2 EPS by 7c, Offers FY Guidance

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Go back to Baxter (BAX) Misses Q2 EPS by 7c, Offers FY Guidance

Baxter Reports Second-Quarter 2020 Results

July 30, 2020 7:15 AM EDT

Second-quarter revenue of $2.7 billion decreased 4% on a reported basis, 1% on a constant currency basis and 2% on an operational basis1 Second-quarter U.S. GAAP earnings per share (EPS) of $0.48 declined 20%; adjusted EPS of $0.64 declined 24% Baxter expects full-year 2020 reported sales growth between -1% to +1%; constant currency and operational sales growth of flat to up low single digits Baxter expects full-year U.S. GAAP EPS of $2.40 to $2.50; adjusted EPS of $3.00 to $3.10

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