Baxter Issues Q1 & FY21 Guidance - Quick Facts

(RTTNews) - Baxter International Inc. (BAX) said, for full-year 2021, the company expects sales growth of 7% to 8% on a reported basis and 4% to 5% on a constant currency basis. The company expects adjusted earnings, before special items, of $3.35 to $3.43 per share.

For first-quarter, the company expects sales growth of approximately 3% on a reported basis and sales to decline low single digits on a constant currency basis. The company expects adjusted earnings, before special items, of $0.63 to $0.65 per share.

Fourth quarter earnings per share on an adjusted basis was $0.80, a decrease of 18% compared to the prior-year period. Worldwide sales totaled $3.2 billion, an increase of 5% on a reported basis, 3% on a constant currency basis and 2% on an operational basis.