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Thursday, July 30, 2020

Baxter EPS misses by $0.07, misses on revenue

Baxter (NYSE:BAX): Q2 Non-GAAP EPS of $0.64 misses by $0.07; GAAP EPS of $0.48 misses by $0.19.
Revenue of $2.72B (-3.9% Y/Y) misses by $140M.
Adjusted gross margin of 41.6% vs. consensus of 43.4%.
Adjusted operating margin of 16.0% vs. 16.9% estimate.

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