Baxter (BAX) Tops Q3 EPS by 12c

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Baxter Reports Strong Third Quarter Financial Results Exceeding Previously Issued Guidance

October 27, 2015 6:42 AM EDT

Company Well-Positioned to Deliver Solid, Sustained Growth as Leading Medical Products Enterprise

Momentum Continues with Clear Focus on Expanding Margins and Value Creation

DEERFIELD, Ill.--(BUSINESS WIRE)-- Baxter International Inc. (NYSE: BAX) today reported strong results for the third quarter of 2015, exceeding the companys previously issued guidance.

For the third quarter of 2015, Baxter reported income from continuing operations of $2 million on a GAAP basis (Generally Accepted Accounting Principles). These results included net after-tax special items totaling $223 million (or $0.41 per diluted share) primarily related to... More