Benzinga | Jul 30, 2020 07:22AM EDT

Baxter International Q2 Adj. EPS $0.64 Misses $0.72 Estimate, Sales $2.72B Miss $2.86B Estimate

Baxter International (NYSE:BAX) reported quarterly earnings of $0.64 per share which missed the analyst consensus estimate of $0.72 by 11.11 percent. This is a 28.09 percent decrease over earnings of $0.89 per share from the same period last year. The company reported quarterly sales of $2.72 billion which missed the analyst consensus estimate of $2.86 billion by 4.97 percent. This is a 4.30 percent decrease over sales of $2.84 billion the same period last year.