Baxter International (NYSE:BAX) has posted revenues of $2.97 billion for the latest quarter, marking an 8% year-on-year increase and surpassing analysts' expectations by 5.7%. However, the company is dealing with a substantial net loss of $1.128 billion, driven in part by $485 million in goodwill impairments. Following the earnings report, Baxter's stock has fallen 7.8%, raising concerns about its future as it forecasts flat to 1% sales growth for 2026 and struggles with a decline in earnings per share.
“Baxter · reported revenues of · $2.97 billion · up 8% year on year”
“Baxter · topped · analysts’ expectations · by 5.7%”
“Baxter · reported revenues of · 2.97 billion · up 8% year on year”
“Baxter · topped analysts’ expectations by · 5.7%”
“Baxter · stock is down · 7.7% · since reporting”
“Baxter · reported revenues of · 2.97 billion · up 8% year on year”
“Baxter · topped analysts’ expectations by · 5.7%”
“Baxter · stock is · down · 7.8%”
“Baxter · currently trades at · $20.53”
“Baxter · reported revenues · $2.97 billion · up 8% year on year”
“Baxter · topped analysts’ expectations · 5.7%”
“Baxter International · reported · net loss · US$1,128 million”