Baxter International (BAX) Beats Q3 Earnings Estimates

分组1 - Baxter International reported quarterly earnings of $0.80 per share, exceeding the Zacks Consensus Estimate of $0.78 per share, and up from $0.68 per share a year ago, representing an earnings surprise of 2.56% [1] - The company posted revenues of $2.7 billion for the quarter ended September 2024, which missed the Zacks Consensus Estimate by 29.72%, and compared to year-ago revenues of $3.71 billion [2] - Baxter has surpassed consensus EPS estimates four times over the last four quarters and topped consensus revenue estimates three times during the same period [2] 分组2 - The stock has underperformed the market, losing about 6.8% since the beginning of the year, while the S&P 500 has gained 25.2% [3] - The current consensus EPS estimate for the coming quarter is $0.87 on revenues of $3.98 billion, and for the current fiscal year, it is $2.96 on revenues of $15.22 billion [7] - The Zacks Industry Rank for Medical - Products is currently in the top 32% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]