Baxter International Inc. Profit Rises 14% In Q3

(RTTNews) - Baxter International Inc. (BAX) announced earnings for its third quarter that rose compared to the same period last year.

The company said its bottom line advanced to $356 million, or $0.64 per share. This was higher than $311 million, or $0.56 per share, in last year's third quarter.

Analysts had expected the company to earn $0.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.9% to $2.71 billion. This was up from $2.56 billion last year.

Baxter International Inc. earnings at a glance:

-Earnings (Q3): $356 Mln. vs. $311 Mln. last year. -Earnings Growth (Y-o-Y): 14.5% -EPS (Q3): $0.64 vs. $0.56 last year. -EPS Growth (Y-o-Y): 14.3% -Analysts Estimate: $0.59 -Revenue (Q3): $2.71 Bln vs. $2.56 Bln last year. -Revenue Change (Y-o-Y): 5.9%

-Guidance: Next quarter EPS guidance: $0.56 to $0.59 Full year EPS guidance: $2.40 to $2.43