Investing.com - Baxter (NYSE:BAX) reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.78 on revenue of $2.84B. Analysts polled by Investing.com forecast EPS of $0.73 on revenue of $2.8B. That compared to EPS of $0.64 on revenue of $2.77B in the same period a year earlier. The company had reported EPS of $0.8 on revenue of $2.77B in the previous quarter.
For the year, Baxter shares are up 8.96%, broadly in line with the S&P 500 which is up 8.65% year to date.
Baxter follows other major Healthcare sector earnings this month
On Tuesday, January 22, 2019, J&J reported fourth quarter EPS of $1.97 on revenue of $20.39B, compared to forecasts of EPS of $1.95 on revenue of $20.2B.
Pfizer earnings matched analyst's expectations on Tuesday, with fourth quarter EPS of $0.64 on revenue of $13.98B. Investing.com analysts expected EPS of $0.64 on revenue of $13.96B
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