Baxter International (BAX) Misses Q2 Earnings and Revenue Estimates

Baxter International (BAX) came out with quarterly earnings of $0.59 per share, missing the Zacks Consensus Estimate of $0.6 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.67%. A quarter ago, it was expected that this drug and medical device maker would post earnings of $0.48 per share when it actually produced earnings of $0.55, delivering a surprise of +14.58%.Over the last f ...