Baxter International Inc. (BAX) reported net income attributable to the company of $572 million, an increase of 1% from $569 million in the fourth quarter of 2008. On an adjusted basis, excluding special items in both years, Baxter's net income was $628 million, grew 9% from $574 million in 2008.
Also, the company's earnings per share of $0.94 advanced 3% from $0.91 per share reported in the prior-year period. Adjusted earnings per share were $1.03 compared with $0.91 per share in the prior-year period. On average, 14 analysts polled by Thomson Reuters expected earnings per share of $1.03 for the quarter. Analysts' estimate typically excludes one-time items.
Baxter's global sales of $3.47 billion advanced 11% from the $3.13 billion reported in the same period last year. Eleven analysts estimated revenues of $3.39 billion for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.