Baxter International, Inc. (BAX) Tops Q1 EPS by 10c; Issues Mixed Outlook

Baxter International, Inc. (NYSE: BAX) reported Q1 EPS of $1.19, $0.10 better than the analyst estimate of $1.09. Revenue for the quarter came in at $3.95 billion versus the consensus estimate of $3.88 billion.

Baxter International, Inc. sees Q2 2014 EPS of $1.18-$1.22, versus the consensus of $1.28.

Baxter International, Inc. sees FY2014 EPS of $5.05-$5.25, versus the consensus of $5.13.

''Positive momentum is building and Baxter is off to a strong start in 2014,'' said Robert L. Parkinson, Jr., chairman and chief executive officer. ''We delivered strong financial results, continued to enhance our flexibility to invest for future growth, build and advance the new product pipeline, expand our business portfolios and position the company for sustained performance and success.''

For earnings history and earnings-related data on Baxter International, Inc. (BAX) click here.

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