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 $0.8 on revenue of $3.18B. Analysts polled by Investing.com anticipated EPS of $0.7509 on revenue of $3.1B.
Baxter shares are up 27% from the beginning of the year and are trading at $77.00 , down-from-52-week-high.They are outperforming the Nasdaq which is up 5.6% from the start of the year.
Baxter shares lost 0.38% in pre-market trade following the report.
Baxter follows other major Healthcare sector earnings this month
Baxter's report follows an earnings beat by J&J on Tuesday, January 26, 2021, who reported EPS of $1.86 on revenue of $22.48B, compared to forecasts EPS of $1.82 on revenue of $21.66B.
Roche Holding ADR had beat expectations on Thursday with fourth quarter EPS of $19.16 on revenue of $58.32B, compared to forecast for EPS of $1.28 on revenue of $17.17B.
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