Investing.com - Baxter (NYSE:BAX) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Baxter announced earnings per share of $1.04 on revenue of $3.51B. Analysts polled by Investing.com anticipated EPS of $1.03 on revenue of $3.3B.
Baxter shares are down 0.83% from the beginning of the year, still down 5.09% from its 52 week high of $89.70 set on February 9. They are outperforming the S&P 500 which is down 6.11% from the start of the year.
Baxter follows other major Healthcare sector earnings this month
Baxter's report follows an earnings beat by UnitedHealth on January 19, who reported EPS of $4.48 on revenue of $73.74B, compared to forecasts EPS of $4.3 on revenue of $72.98B.
J&J had beat expectations on January 25 with fourth quarter EPS of $2.13 on revenue of $24.8B, compared to forecast for EPS of $2.12 on revenue of $25.28B.
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