Baxter International Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Baxter International (NYSE:BAX) will unveil its latest earnings on Thursday, January 24, 2013. Baxter International is a company that develops and manufactures healthcare products that save and sustain the lives of people with chronic, acute illnesses.

Baxter International Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.26 per share, a rise of 7.7% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 5.1% compared to last year’s $4.53.

Past Earnings Performance: The company met estimates last quarter after beating the forecasts in the prior two. In the third quarter, the company reported net income of $1.14 per share versus a mean estimate of profit of $1.14 per share. In the second quarter, the company beat estimates by one cent.

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