Yahoo Finance Baxter International Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Baxter International (NYSE:BAX) Second Quarter 2024 Results
Key Financial Results
Revenue: US$3.81b (up 2.8% from 2Q 2023).
Net loss: US$314.0m (loss widened by 61% from 2Q 2023).
US$0.62 loss per share (further deteriorated from US$0.39 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Baxter International Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) missed analyst estimates.
Looking ahead, revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Medical Equipment industry in the US.
Performance of the American Medical Equipment industry.
The company's shares are up 2.1% from a week ago.
Risk Analysis
Be aware that Baxter International is showing 2 warning signs in our investment analysis that you should know about...
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