Baxter International Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022
October 27, 2022 at 04:48 pm IST
Baxter International Inc. provided earnings guidance for the fourth quarter and full year of 2022. The company now expects U.S. GAAP loss of $4.52 to $4.45 per diluted share. The company expects sales growth of 17% to 18% on a reported basis, approximately 23% on a constant currency basis and low single digits on an operational basis.
For fourth-quarter 2022, The company expects sales growth of mid-to-high single digits on a reported basis, mid-teens on a constant currency basis and approximately flat on an operational basis. The company expects U.S. GAAP earnings of $0.60 to $0.67 per diluted share.