Baxter Reports Third-Quarter 2023 Results

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Baxter International (BAX) PT Lowered to $50 at Stifel

November 2, 2023 3:47 PM EDT

Stifel analyst Rick Wise lowered the price target on Baxter International (NYSE: BAX) to $50.00 (from $56.00) while maintaining a Buy rating.

The analyst commented, "Overall, this morning, Baxter delivered another quarter of solid progress, as both 3Q23 sales and EPS exceeded our projections. Encouragingly,... More

Baxter International (BAX) PT Lowered to $40 at TD Cowen

November 2, 2023 3:34 PM EDT

TD Cowen analyst Joshua Jennings lowered the price target on Baxter International (NYSE: BAX) to $40.00 (from $50.00) while maintaining a Outperform rating.

The analyst commented, "Q3 revenue was $3.71B, up 2% CC vs 1% guidance and above the Street's $3.70B forecast. EPS from continuing ops was $0.68, beating... More

Baxter (BAX) Tops Q3 EPS by 1c; Offers FY23 EPS Guidance

November 2, 2023 7:33 AM EDT

Baxter (NYSE: BAX) reported Q3 EPS of $0.68, $0.01 better than the analyst estimate of $0.67. Revenue for the quarter came in at $3.71 billion versus the consensus estimate of $3.7 billion.

GUIDANCE:

Baxter sees FY2023 EPS of $2.57-$2.60, versus the consensus of $2.57.

For earnings history and earnings-related data on Baxter (BAX) click here.

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