
Baxter International (BAX) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Baxter International (BAX) last issued guidance on October 29, 2026 for fiscal year 2026. The company guided earnings per share in the range of $2.05 - $2.15, compared to a consensus EPS estimate of $2.04. Baxter International also guided revenue in the range of $11.69B - $11.81B for the period.
Compared to prior guidance, Baxter International raised its EPS outlook from a previous range of $1.95 - $2.15. On the revenue side, the company maintained its revenue forecast from a prior range of $11.58B - $11.69B.
Baxter International has issued 29 guidance updates between February 9, 2023 and October 29, 2026. During this period, the company raised its outlook 10 times and lowered it 15 times, providing investors with insight into management's evolving expectations.
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.52 | $0.37 | $0.31 | $0.53 |
| Actual | $0.58 | $0.54 | $0.37 | $0.44 |
| Surprise | +11.5% | +46.0% | +19.4% | -17.0% |
| Revenue | ||||
| Estimate | $2.91B | $2.80B | $2.61B | $2.81B |
| Actual | $2.98B | $2.96B | $2.70B | $2.97B |
| Surprise | +2.39% | +5.86% | +3.39% | +5.80% |
| Metric | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|
| Earnings Per Share (Non-GAAP) | |||
| Consensus | $0.61 | $0.45 | $0.52 |
| Revenue | |||
| Consensus | $3.05B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 29, 2026 | $0.58 | $0.52 | 11.5 % |
| Q2 | Jul 30, 2026 | $0.54 | $0.37 | 46.0 % |
| Q1 | Apr 30, 2026 | $0.37 | $0.31 | 19.4 % |
| Q4 | Feb 12, 2026 | $0.44 | $0.53 | -17.0 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q3 | Oct 29, 2026 | $2.98B | $2.91B | 2.39 % |
| Q2 | Jul 30, 2026 | $2.96B | $2.80B | 5.86 % |
| Q1 | Apr 30, 2026 | $2.70B | $2.61B | 3.39 % |
| Q4 | Feb 12, 2026 | $2.97B | $2.81B | 5.80 % |