Baxter Reports Fourth-Quarter and Full-Year 2022 Results

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Baxter (BAX) Misses Q4 EPS by 6c, Guidance Misses

February 9, 2023 7:17 AM EST

Baxter (NYSE: BAX) reported Q4 EPS of $0.88, $0.06 worse than the analyst estimate of $0.94. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $3.77 billion.

GUIDANCE:

Baxter sees FY2023 EPS of $2.75-$2.95, versus the consensus of $3.56.

For full-year 2023: Baxter expects sales growth of 1% to 2% on a reported basis and flat to 1% on a constant... More