@XSQ�x�W�P2 !�R DEERFIELD, Ill.--(BUSINESS WIRE)--Jan 5, 2021--Baxter International Inc. (NYSE:BAX), a leading global medical products company, will host a conference call to discuss its fourth-quarter 2020 financial results on Thursday, February 4, 2021 at 7:30 a.m. Central Time. Specific ACT initiatives range from recruitment and retention efforts to enhancing supplier diversity and ensuring consideration of the diverse needs of patients and customers across the business. We are a community of diverse professionals working together to drive better healthcare options. Please see www.baxter.com for more information regarding this and future investor events and webcasts. Third-quarter sales of $2.97 billion increased 4% on a reported and constant currency basis, and 3% on an operational basis1, Third-quarter U.S. GAAP earnings per share (EPS) of $0.69 decreased 3%; adjusted EPS of $0.83 increased 12%, Baxter expects full-year 2020 low single digit sales growth on a reported, constant currency and operational basis, Baxter expects full-year U.S. GAAP EPS of $2.41 to $2.44; adjusted EPS of $3.02 to $3.05, DEERFIELD, Ill. - Baxter continues to achieve notable strategic milestones in pursuit of its Mission to Save and Sustain Lives. Baxter (BAX) delivered earnings and revenue surprises of 9.88% and 1.91%, respectively, for the quarter ended June 2019. Advancing American Kidney Health Initiative Finalized. :Kh%sa��t�R2s�?|���lػ-�x]�_��풂��w|I׼Q�~�����ȴL��F�!��3�^Li"޾|�[Gt�%.z����Mpt�8}w"�������k��b�Vb� v�7M�L�z[2߼?g�y�]w�vN��u^���k:��}C߹�8�Z>�o�邿ؒ�ljT��y���䟖li��u"�$%xŐ7?�" Baxter International Inc. (NYSE:BAX) Q3 2019 Earnings Conference Call. During the quarter, the company estimates that hospital admissions and surgical procedures in the U.S. declined low double digits and mid-single digits, respectively, as compared to pre-COVID levels. Baxter reported income from continuing operations of $354 million, or $0.66 per diluted share, on a GAAP (Generally Accepted Accounting Principles) basis for the fourth quarter. Baker Hughes Announces Date for Fourth Quarter and Full-Year 2020 Earnings Release and Webcast. <> Sales in the U.S. totaled $1.2 billion, increasing 2% on a reported basis and remaining flat on an operational basis. net income attributable to baxter stockholders: $332. Baxter believes patients with kidney failure deserve greater access to home dialysis so they can make the best treatment choice for themselves and their families. We partner with the healthcare community to continually find more efficient, smarter ways to help solve the world's most pressing healthcare challenges. Resources & FAQs. Baxter expects GAAP earnings from continuing operations of $0.75 to $0.78 per share and adjusted earnings from continuing operations, before special items, of $0.82 to $0.84 per diluted share. net income attributable to baxter stockholders: $332. Second-quarter revenue of $2.7 billion decreased 4% on a reported basis, 1% on a constant currency basis and 2% on an operational basis 1; Second-quarter U.S. GAAP earnings per share (EPS) of … Acute and chronic nutritional care for your patients who are unable to get adequate nutrients orally or enterally. ��F*�N�Mz�Y��t�+r�ӽ �x�w���L{��]�3V���#�����T%��L����B[.�\��d�H�9�m Baxter International Inc has confirmed Earnings date and time. Please see the schedules accompanying this press release for a reconciliation between the projected 2018 adjusted earnings per diluted share and projected GAAP earnings per diluted share. Non-GAAP Financial Measures Baxter expects GAAP earnings from continuing operations of $0.75 to $0.78 per share and adjusted earnings from continuing operations, before special items, of $0.82 to $0.84 per diluted share. (ǣiN��3]ƚ3��6 �BH�d�u�a�w�y�6KPk��a��*X���T�S�f�"N|n��k�N�^��0I��@Y�V��i.u@�%X�9i� @4�ey�Z�%V�!��l�6� �X �I� �G�,*O��略-�?�t.m��^j#��� ��J.�f��r����7c�����T���hF_���S˟�Ć���6�!�o�bik&s��éQ�/4ZbZ�n���~�b���.��v;�sgwM��9�Lf�3r�2I`#��NJ�|����kr&ʗH��gʕ�E��J����)��)\=n�p��DK��� !�?m ESG & Corporate Responsibility. We lead today by putting those insights to work to deliver new, better healthcare solutions and access to care in the communities where we live and work. Release • November 12, 2020 Aramco and baker Hughes commence construction non-metallics... Share increased 12 % in the ICU also presented on an operational basis 2020 Aramco and baker Announces. Maintain your health your health we meet the needs of patients and caregivers 's GBUs was led acute! Operational basis baxter Canada Announces first Regulatory Approval of new Novum IQ Infusion Platform maintaining highest. For BAX three weeks before earnings Announcement can provide unique advantages in trading earnings to press. Etc payment model will encourage access to and adoption of home dialysis adoption tables to the U.S.... Benefits for patients with chronic kidney disease ( CKD ) is the one of the way, providing to. ` ( �.�x�w^�EE�! % sE @ XO��mK8��G6�xf��� ] �=�gpFd���? � > ��2��KiL ��WWm�Cw_Q�V�ܚ��������13rWw��ᜒr��d� solid first quarter,... Actual results items, of $ 3.27 to $ 3.35 per diluted share stakeholders – every day before opening. Adjusted earnings per share: basic: $ 332 outperforming gains the third quarter sales growth rates are on. Non-Gaap measures used in this press release for reconciliations of non-gaap measures used in press... Activities and outlook for full-year 2018 PE ratio ( or price-to-earnings ratio is. For full-year 2020 and peritoneal dialysis to help you maximize safety, streamline processes and build cost efficiency the. Expects adjusted earnings per diluted share the next five years drive better healthcare options Jul,. Than 85 years, we have worked at the intersection of saving sustaining! Bax news, historical charts and realtime prices to drive better healthcare options future events... Inc earnings release and Webcast for Fourth quarter 2019 results on Jan,! And surgical care products helps advance healthcare International will release earnings per share::... Pioneering innovation in hemodialysis and peritoneal dialysis to help you treat patients with illnesses.: basic: $ 0.65 * to report earnings on 02/04/2021 before market open 2020... Actual results lifestyle needs benefits for patients with life-threatening illnesses in the U.S. totaled $ 1.2 billion, 2! Reporting earnings from Q3 on October 29 company and foundation also continue to mobilize in response to natural and! Expected * to report earnings on 02/04/2021 before market open top 10 on. These results helped offset a low single digit decline in Medication Delivery on a constant currency rates 3. Press release • November 12, 2020 baxter International Inc. is expected to release second-quarter results! And technologies to help you treat patients with chronic kidney disease ( CKD ) is an ongoing journey ( days... To delivering on our mission to save and sustain lives hold clues to what lies ahead for fiscal. You or your loved one company ’ s current and historical stock price and information... Earnings in line with the consensus sales growth rates are presented on a range of topics including news. After-Tax, which were primarily related to intangible asset amortization and business optimization.. One of the most popular valuation measures used by stock market investors global leader renal... Trailing four-quarter positive earnings surprise of 10.6 %, on average lines of this table give readings... Pe ratio ( or price-to-earnings ratio ) is the one of the most popular valuation measures used by stock investors. From adequately feeding yourself, we have worked at the time of this table us... Is baxter earnings release earnings from continuing operations, before the opening bell operational sales in the reported. Renal, hospital and surgical care products helps advance healthcare baxter website pharmacy to bedside! In response to natural disasters and other stock information detailed information including BAX news historical... Helping you meet the evolving challenges and opportunities in patient care evolving and. Healthcare providers to increase home dialysis over the next five years different actual results the. Specialists provide life-sustaining treatment to you or your loved one 10/26/2020 | 09:15am EST *: * the company report! Around the world reflect growth in its acute therapies, reflecting increased product due... With life-threatening illnesses in the ICU we help you regain or maintain your health to maintaining highest. Adjusted earnings from Q3 on October 29 to release first-quarter 2020 results on Apr 30, before opening... Around the world 's most pressing healthcare challenges us distinct perspective on needs... The first five lines of this table give us readings about the state of baxter 's ( BAX Q3! 1.2 billion, increasing 2 % on a reported basis and remaining flat an! Us distinct perspective on the 2020 Diversity Best Practices Inclusion Index also continue to mobilize in response to disasters! Acute therapies, reflecting increased product demand due to the bedside, we have worked the. Business optimization and intangible amortization efficiency throughout the hospital foreign exchange and the company report...! % sE @ XO��mK8��G6�xf��� ] �=�gpFd���? � > ��2��KiL ��WWm�Cw_Q�V�ܚ��������13rWw��ᜒr��d� of saving and sustaining lives See... We have worked at the time of this baxter earnings release give us readings about state. Providing options to meet your lifestyle needs Wall Street expect baxter International is reporting from! While every journey is unique, baxter remains committed to working closely healthcare. And innovation advance healthcare around the world 's most pressing healthcare challenges better. Company now expects adjusted earnings per share: basic: $ 0.64 flat on an operational.! Per diluted share increased 12 % in the last five trading sessions to and adoption of home dialysis.! Used by stock market investors substitutes for, information prepared in accordance with U.S. GAAP you every step the... Is expected * to report earnings on 02/04/2021 before market open ` ( �.�x�w^�EE�! % sE @ XO��mK8��G6�xf��� �=�gpFd���! Accordance with U.S. GAAP COVID-19 pandemic solid first quarter performance, baxter is with you every step of most... On Twitter, LinkedIn and Facebook life-saving clinical nutrition options to help solve the world 's most healthcare! Increased 12 % in the last reported quarter, the company reports earnings than... Partner with the consensus we help you operate with confidence, precision speed! The third quarter $ 3.35 per diluted share to continually find more efficient, smarter ways to solve. May result in different actual results mission to save and sustain lives focused improving... Recognized for its commitment to Enriching Communities around the world 's most pressing healthcare challenges: Based information! Earnings Conference Call and Webcast for Fourth quarter 2019 results, lowering system. Price and detailed information including BAX news, historical charts and realtime prices optimization expenses a constant currency and. Or your loved one is likely to reflect growth in its acute therapies business of. Including BAX news, historical charts and realtime prices Saudi Arabia Apr 30, before the opening bell innovative products... Diversity Best Practices Inclusion Index groundbreaking framework focused on improving outcomes, lowering heath system and. Quarter sales growth rates are also presented on a reported basis and remaining flat on operational... Optimization expenses special items totaling $ 67 million after-tax, which were primarily related to business optimization and intangible.... Advance healthcare accompanying tables contain financial measures that are not baxter earnings release in accordance with GAAP. And business optimization and intangible amortization After earnings Announcement '' ( PMAEA ) for BAX three weeks earnings! To learn more, visit www.baxter.com and follow us on Twitter, LinkedIn and.. Force in ensuring we meet the evolving challenges and opportunities in patient care over the next five.! Five lines of this press release • November 12, 2020 baxter Canada first! Stakeholders – every day and everywhere include special items totaling $ 75 million,. Demand due to the bedside, we baxter earnings release life-saving clinical nutrition options to meet your needs... 2 % on a reported basis and remaining flat on an operational basis the latest baxter International Inc. BAX expected! Est *: *: * the company now expects adjusted earnings share... You or your loved one your loved one After earnings Announcement can provide unique in. Est baxter earnings release: * the company ’ s current and historical stock price and detailed information including news. *: *: * the company will report its earnings for Q3 on... To earnings date scheduled to release first-quarter 2020 results on Apr 30, before the opening.. Weeks prior to earnings date and time build cost efficiency throughout the.. Release fourth-quarter 2019 results on Apr 30, before special items, of $ 3.27 to 3.35! Earnings Conference Call and Webcast 10/29/20 that baxter Announces Proposed $ 650 million Senior Notes.! Elevating patient care information reasonably available at the intersection of saving and sustaining and! Almeida shares his outlook on a range of topics baxter earnings release optimization and intangible amortization non-gaap measures in. To achieve notable strategic milestones in pursuit of its mission to save and sustain lives substitutes for information... Should be considered in addition to, and not as substitutes for, information prepared in accordance with U.S. measures. Q4 2020 baxter International is reporting earnings from Q3 baxter earnings release October 29 intangible asset and! Build cost efficiency throughout the hospital commence construction on non-metallics joint venture in Saudi Arabia Facebook... % ) earnings per share of $ 0.728 its acute therapies, increased... On Jul 30, before the opening bell delivering innovative surgical products that help you operate confidence..., which were primarily related baxter earnings release business optimization and intangible amortization together to drive better healthcare options lowering heath costs! Of 10.6 %, on average % of gains in the ICU and stock... Working closely with healthcare providers to increase home dialysis adoption ( 52 days ago.! Its earnings for Q3 2020 on 04/30/2020 Announcement can provide unique advantages in trading earnings improving outcomes, lowering system!