Baxter's (BAX) Q4 Earnings Top, Sales Rise on Strong Demand
BAXBaxter(BAX) Zacks Investment Research·2024-02-09 02:11

Baxter International Inc. (BAX) reported fourth-quarter 2023 adjusted earnings per share (EPS) from continuing operations of 88 cents, which beat the Zacks Consensus Estimate of 86 cents by 2.3%. The bottom line improved 13% from the year-ago quarter’s level. On a GAAP basis, the EPS from continuing operations was 14 cents, down 50% from the prior-year quarter’s level. The company recorded $2.79 billion as goodwill impairment in the prior-year quarter. Continuing operations exclude Baxter's BioPharma Soluti ...