earnings
confidence high
sentiment positive
materiality 0.80
Baxter Q2 2024 sales $3.81B, adj EPS $0.68 beat; raises full-year guidance
BAXTER INTERNATIONAL INC
2024-Q2 EPS reported
-$0.54
revenue$7,404,000,000
- Sales from continuing ops $3.81B, up 3% reported, 4% constant currency, beating prior guidance.
- GAAP diluted EPS from continuing ops ($0.62); adjusted diluted EPS $0.68, above company's guidance.
- Full-year sales growth guidance raised to ~3% (reported and CC); adjusted EPS guidance raised to $2.93-$3.01.
- Constant currency growth across all segments; CEO cites momentum from strategic transformation and product launches.