Baxter International Reports Q3 Earnings Beat and Raises Full-Year 2026 Financial Outlook
Baxter International (NYSE: BAX) reported third-quarter financial results that exceeded analyst expectations, posting a non-GAAP earnings per share of $0.58, which beat consensus by $0.06. Total revenue for the quarter reached $2.98 billion, representing a 4.9% year-over-year increase and surpassing estimates by $70 million. Following these strong results, the company raised its full-year 2026 financial guidance across several key metrics. Baxter increased its projected sales growth from continuing operations to a range of 4% to 5%, up from the previous estimate of 3% to 4%. Additionally, adjusted earnings per diluted share are now expected to fall between $2.05 and $2.15, exceeding the prior guidance and market consensus.
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Topics: earnings report eps beat financial outlook revenue growth