Baxter International Inc. delivered a performance in line with its guidance for the second quarter of 2025, with worldwide sales from continuing operations reaching $2.81 billion, a 4% increase on a reported basis. The company reported GAAP diluted EPS of $0.24 and adjusted diluted EPS of $0.59. A key highlight was the appointment of Andrew Hider as the new President and CEO, signaling a focus on accelerating innovation and sustainable growth.
Second-quarter sales from continuing operations reached $2.81 billion, marking a 4% increase on a reported basis and 1% operationally, aligning with previous guidance.
U.S. GAAP diluted EPS from continuing operations was $0.24, while adjusted diluted EPS from continuing operations stood at $0.59, also in line with guidance.
Andrew Hider was appointed as the new President and CEO, expected to accelerate innovation, drive sustainable growth, and enhance operational effectiveness.
The company successfully restored IV solutions inventory levels and removed allocations post-Hurricane Helene, and partnered with Vizient to ensure reliable access to critical products.
For full-year 2025, Baxter expects sales growth from continuing operations of 6% to 7% on a reported basis and 3% to 4% operationally. Adjusted earnings from continuing operations are projected to be $2.42 to $2.52 per diluted share. For the third quarter of 2025, sales growth is expected to be 6% to 7% reported and 3% to 4% operationally, with adjusted EPS between $0.58 and $0.62.
Visualization of income flow from segment revenue to net income