Published on 28 Oct 2021 on Zacks via Yahoo Finance
Baxter (BAX) Q3 Earnings and Revenues Surpass Estimates
Baxter International Inc. BAX reported third-quarter 2021 adjusted earnings per share (EPS) of $1.02, which outpaced the Zacks Consensus Estimate of 94 cents by 8.5%. The bottom line improved 22.9% from the year-ago quarter.GAAP EPS in the quarter was 89 cents, up 29% from the prior-year quarter.
Revenue Details
Revenues of $3.23 billion surpassed the Zacks Consensus Estimate by 0.1%. The top line improved 8.5% year over year on a reported basis, 7% on a constant currency (cc) basis and 6% on an operational basis.