Baxter Reports Third-Quarter 2023 Results
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Go back to Baxter Reports Third-Quarter 2023 Results
November 2, 2023 3:47 PM EDT
Stifel analyst Rick Wise lowered the price target on Baxter International (NYSE: BAX) to $50.00 (from $56.00) while maintaining a Buy rating.
The analyst commented, "Overall, this morning, Baxter delivered another quarter of solid progress, as both 3Q23 sales and EPS exceeded our projections. Encouragingly,... More
November 2, 2023 3:34 PM EDT
TD Cowen analyst Joshua Jennings lowered the price target on Baxter International (NYSE: BAX) to $40.00 (from $50.00) while maintaining a Outperform rating.
The analyst commented, "Q3 revenue was $3.71B, up 2% CC vs 1% guidance and above the Street's $3.70B forecast. EPS from continuing ops was $0.68, beating... More
November 2, 2023 7:33 AM EDT
Baxter (NYSE: BAX) reported Q3 EPS of $0.68, $0.01 better than the analyst estimate of $0.67. Revenue for the quarter came in at $3.71 billion versus the consensus estimate of $3.7 billion.
GUIDANCE:
Baxter sees FY2023 EPS of $2.57-$2.60, versus the consensus of $2.57.
For earnings history and earnings-related data on Baxter (BAX) click here.
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