RTTNews | Jul 29, 2021 07:21AM EDT

07:21 Thursday, July 29, 2021 (RTTNews.com) - Baxter International Inc. (BAX) released earnings for its second quarter that climbed from last year.

The company's profit totaled $298 million, or $0.59 per share. This compares with $246 million, or $0.48 per share, in last year's second quarter.

Excluding items, Baxter International Inc. reported adjusted earnings of $409 million or $0.80 per share for the period.

Analysts had expected the company to earn $0.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.0% to $3.10 billion from $2.72 billion last year.

Baxter International Inc. earnings at a glance:

-Earnings (Q2): $409 Mln. vs. $329 Mln. last year.-EPS (Q2): $0.80 vs. $0.64 last year.-Analysts Estimate: $0.75-Revenue (Q2): $3.10 Bln vs. $2.72 Bln last year.

-Guidance:Next quarter EPS guidance: $0.93 to $0.95Full year EPS guidance: $3.49 to $3.55

Read the original article on RTTNews ( https://www.rttnews.com/3213513/baxter-international-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved