Baxter Intl Q3 Adjusted EPS $0.82 Beats $0.68 Estimate, Sales $3.71B Beat $3.69B Estimate
Portfolio Pulse from Benzinga Newsdesk
Baxter Intl (NYSE:BAX) reported Q3 earnings of $0.82 per share, beating the analyst consensus estimate of $0.68 by 20.59%. The company also reported quarterly sales of $3.71 billion, surpassing the analyst consensus estimate of $3.69 billion by 0.49%. This represents a 2.74% increase over sales of $3.61 billion in the same period last year.
November 02, 2023 | 11:19 am
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POSITIVE IMPACT
Baxter Intl's Q3 earnings and sales beat analyst estimates, which could lead to a positive market reaction.
Baxter Intl reported higher than expected earnings and sales for Q3. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100