Baxter International Inc. reported a 5% increase in first-quarter revenue, driven by Acute Therapies and BioPharma Solutions. The company's U.S. GAAP earnings per share (EPS) declined 9%, and adjusted EPS decreased by 7%. Baxter expects full-year 2021 sales growth of 8% to 9% on a reported basis.
First-quarter revenue increased 5% on a reported basis.
U.S. GAAP earnings per share (EPS) declined 9%.
Adjusted EPS declined 7%.
Baxter expects full-year 2021 sales growth of 8% to 9% on a reported basis.
Baxter expects full-year 2021 sales growth of 8% to 9% on a reported basis, 5% to 6% on a constant currency basis and 4% to 5% on an operational basis. The company expects U.S. GAAP earnings of $2.85 to $2.93 per diluted share and adjusted earnings of $3.47 to $3.55 per diluted share.
Visualization of income flow from segment revenue to net income