Trading Volume Spiked Following These 3 Reports
Baxter International Inc. (NYSE:BAX) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 3.57% to $1.16 in the quarter versus EPS of $1.12 in the year-earlier quarter. Revenue Rose 2.72% to $3.67 billion from the year-earlier quarter.
Baxter International Inc. reported adjusted EPS income of $1.16 per share. By that measure, the company beat the mean analyst estimate of $1.13. It missed the average revenue estimate of $3.7 billion.