Baxter International Inc. Reveals 7% Fall In Q3 Bottom Line

(RTTNews) - Baxter International Inc. (BAX) reported earnings for third quarter that declined from last year.

The company said its earnings came in at $225 million, or $0.41 per share. This was lower than $241 million, or $0.44 per share, in last year's third quarter.

The company said revenue for the quarter fell 8.1% to $2.49 billion. This was down from $2.71 billion last year.

Baxter International Inc. earnings at a glance:

-Earnings (Q3): $225 Mln. vs. $241 Mln. last year. -Earnings Decline (Y-o-Y): -6.6% -EPS (Q3): $0.41 vs. $0.44 last year. -EPS Decline (Y-o-Y): -6.8% -Revenue (Q3): $2.49 Bln vs. $2.71 Bln last year. -Revenue Change (Y-o-Y): -8.1%

-Guidance: Next quarter EPS guidance: $0.30 - $0.32