Recap: Baxter International Q3 Earnings


Shares of Baxter International BAX rose 1.2% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 16.90% year over year to $0.83, which beat the estimate of $0.73.

Revenue of $2,972,000,000 up by 4.24% year over year, which beat the estimate of $2,830,000,000.


The upcoming fiscal year's EPS expected to be between $3.02 and $3.05.

How To Listen To The Conference Call

Date: Oct 29, 2020

Time: 08:30 AM

ET Webcast URL:


52-week high: $95.19

Company's 52-week low was at $69.10

Price action over last quarter: down 8.29%

Company Description

Baxter manufactures medical products across seven major reported business segments. The renal segment (32% of 2019 sales) includes peritoneal dialysis and hemodialysis products for chronically ill patients while its acute therapies segment (5%) offers kidney or other organ support tools in intensive care situations. The medication delivery segment (25% of sales) sells IV pumps, administrative sets, and solutions while its nutrition segment (8% of sales) offers parenteral nutrition therapies. The pharmaceuticals segment (19% of sales) offers injectable drugs, anesthetic gases, and compounding services. The advanced surgery segment (8% of sales) provides hemostastic products and biosurgical sealants. Contract manufacturing rounds out the remaining sales.

Posted In: EarningsNews