Baxter (BAX) Reports In-Line Q3 EPS; Offers FY22 EPS Guidance
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Baxter Reports Third-Quarter 2022 Results
October 27, 2022 7:15 AM EDTThird-quarter revenue of $3.8 billion increased 17% on a reported basis, 23% on a constant currency basis and rose slightly on an operational basis1 Third-quarter U.S. GAAP earnings (loss) per share (EPS) were ($5.83); Adjusted EPS totaled $0.82 Third-quarter results reflect impairment charges of $3.1 billion related to Baxters December 2021 Hillrom acquisition, primarily reflecting rising interest rates and broad declines in equity valuations
DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX), a global medtech leader, today reported results for the third quarter of 2022.
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