Baxter cuts annual profit forecast on hurricane impact

Reuters

2024/11/08

Nov 8 (Reuters) - Baxter International cut its annual profit forecast on Friday due to a hurricane-related hit to its IV solutions facility.

Baxter expects full-year adjusted profit between $2.90 and $2.94 per share, compared with its previous expectation of $2.93 to $3.01. Analysts were expecting a profit of $2.95 per share.

(Reporting by Christy Santhosh and Mariam Sunny in Bengaluru; Editing by Pooja Desai)

((Christy.Santhosh@thomsonreuters.com;))

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Analysts were expecting a profit of $2.95 per share.</p><p> (Reporting by Christy Santhosh and Mariam Sunny in Bengaluru; Editing by Pooja Desai)</p><p>((Christy.Santhosh@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4504","symbol_name":"桥水持仓","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2481179273","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481179273","pubTimestamp":1731068368,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Nov 8  - Baxter International    cut its annual profit forecast on Friday due to a hurricane-related hit to its IV solutions facility.   Baxter expects full-year adjusted profit between $2.90 and $2.94 per share, compared with its previous expectation of $2.93 to $3.01. Analysts were expecting a profit of $2.95 per share. 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