Baxter Intl Q4 Adjusted EPS $0.88 Beats $0.86 Estimate, Sales $3.88B Beat $3.80B Estimate
Portfolio Pulse from Benzinga Newsdesk
Baxter International Inc. (BAX) reported Q4 adjusted EPS of $0.88, surpassing the $0.86 estimate, and sales of $3.88B, exceeding the $3.80B estimate. This represents a 12.82% increase in earnings and a 3.74% increase in sales compared to the same period last year.
February 08, 2024 | 12:16 pm
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Baxter Intl reported a Q4 adjusted EPS of $0.88, beating estimates, and sales of $3.88B, also above expectations.
Baxter Intl's Q4 earnings and sales beat not only demonstrates strong performance but also suggests operational efficiency and market demand. The positive earnings surprise and sales growth compared to the same period last year are likely to instill investor confidence and could lead to a short-term uptick in BAX's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100