earnings
confidence high
sentiment neutral
materiality 0.70
Baxter Q3 2024: continuing ops sales +4% to $2.7B; adj. EPS $0.80 beats guidance
BAXTER INTERNATIONAL INC
2024-Q3 EPS reported
-$0.27
revenue$7,883,000,000
- Total sales (incl. discontinued ops) $3.85B; continuing ops sales $2.70B +4% YoY.
- GAAP diluted EPS from continuing ops $0.12; adjusted continuing ops EPS $0.49.
- Total Baxter GAAP diluted EPS $0.27; adjusted total diluted EPS $0.80, exceeding prior guidance.
- North Cove facility restarted highest-throughput IV solutions line after Hurricane Helene.
- Pending sale of Kidney Care business is a key milestone; hurricane expected to impact near-term financials.