Baxter International Inc BAX.N, BAX is expected to show a fall in quarterly revenue when it reports results on February 20 for the period ending December 31 2024
The Deerfield Illinois-based company is expected to report a 31.2% decrease in revenue to $2.674 billion from $3.89 billion a year ago, according to the mean estimate from 11 analysts, based on LSEG data.The company's guidance on November 8 2024, for the period ended December 31, was for revenue between $3.77 billion and $3.85 billion. (Sales/Revenue Majority basis is on Total Revenue)
LSEG's mean analyst estimate for Baxter International Inc is for earnings of 52 cents per share. The company's EPS guidance on November 8 2024, for the period ended December 31, was between $0.77 and $0.81
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 12 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Baxter International Inc is $37.00, above its last closing price of $30.82.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.78 | 0.78 | 0.80 | Beat | 3 |
Jun. 30 2024 | 0.66 | 0.66 | 0.68 | Beat | 2.7 |
Mar. 31 2024 | 0.61 | 0.61 | 0.65 | Beat | 7 |
Dec. 31 2023 | 0.86 | 0.86 | 0.88 | Beat | 1.8 |
Sep. 30 2023 | 0.67 | 0.67 | 0.68 | Beat | 1.8 |
Jun. 30 2023 | 0.61 | 0.61 | 0.55 | Missed | -9.5 |
Mar. 31 2023 | 0.49 | 0.49 | 0.59 | Beat | 19.5 |
Dec. 31 2022 | 0.93 | 0.94 | 0.88 | Missed | -6.2 |
This summary was machine generated February 18 at 13:55 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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