HALISTER: Baxter Raises Yr EPS View After 3Q EPS, Revenue Top Estimates

Baxter Raises Yr EPS View After 3Q EPS, Revenue Top Estimates

(Bloomberg) -- Baxter now sees 2016 adj. EPS cont. ops $1.88 to $1.91, saw $1.69-$1.74 (July 26), est. $1.72.
  • Now sees year revenue up ~4%, saw up 1%-2%
  • Sees 4Q adj. EPS cont. ops 49c-52c, est. 46c
  • Sees 4Q reported sales growth of 2%
  • 3Q adj. EPS cont ops 56c, saw 43c-45c, est. 45c
  • 3Q rev. $2.56b, est. $2.55b
  • BAX up 2.5% pre-mkt
  • Conf. call 8:30am www.baxter.com
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Alert: HALISTER
Source: BFW (Bloomberg First Word)

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BAX US (Baxter International Inc)

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