earnings
confidence high
sentiment positive
materiality 0.70
Baxter Q1 2024: sales $3.59B (+3% CC), adj. EPS $0.65, beating guidance; FY2024 adj. EPS guidance $2.88-$2.98
BAXTER INTERNATIONAL INC
2024-Q1 EPS reported
$0.07
revenue$3,592,000,000
- Q1 sales $3.59B (+2% reported, +3% CC); GAAP EPS $0.07; adj. EPS $0.65, above guidance.
- FY 2024 guidance: sales growth ~2% reported, 2-3% CC; adj. EPS $2.88-$2.98.
- FDA clearance for Novum IQ large volume infusion pump and Dose IQ Safety Software.
- CEO cited solid operational execution and benefits from new operating model.