{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-013356","form_type":"8-K","ticker":"BAX","cik":"0000010456","company_name":"BAXTER INTERNATIONAL INC","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.752000+00:00","generated_at":"2026-06-16T07:51:36.978616+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Baxter Q1 revenue $3.65B (-2%); adjusted EPS $0.59 beats guidance","bullets":["Q1 revenue $3.65B, -2% reported, +2% constant currency, exceeding prior guidance.","GAAP EPS $0.09; adjusted EPS $0.59, down 37% YoY but above guidance.","Full-year 2023 guidance: GAAP EPS $1.16-$1.31; adjusted $2.85-$3.00; sales growth 1-2% reported.","Q2 guidance: sales growth 1-2% reported; adjusted EPS $0.59-$0.61.","Kidney Care spinoff expected by July 2024 or earlier; new operating model into 4 segments underway."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-013356","json":"https://secwatch.observer/filing/0001628280-23-013356.json","markdown":"https://secwatch.observer/filing/0001628280-23-013356.md","text":"https://secwatch.observer/filing/0001628280-23-013356.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/10456/000162828023013356/0001628280-23-013356-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/10456/000162828023013356/bax-20230427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T07:51:36.978616+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ab0e67f26e1346699d612bf73baf41bb4a94d37a","claim":"BAXTER INTERNATIONAL INC reported first quarter of 2023 results: revenue $3.65 billion, net income $44 million, EPS $0.09 per diluted share. Guidance initiated.","evidence_excerpt":"First-quarter revenue of $3.65 billion decreased 2% on a reported basis and increased 2% on a constant currency basis 1 • First-quarter U.S. GAAP earnings per share (EPS) totaled $0.09; Adjusted EPS totaled $0.59","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/10456/000162828023013356/0001628280-23-013356-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Revenue","value":"$3.65 billion"},{"label":"Net income","value":"$44 million"},{"label":"EPS","value":"$0.09 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}