Baxter cuts annual profit forecast on hurricane impact-February 2024-www.financetom.com

Baxter cuts annual profit forecast on hurricane impact

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Baxter cuts annual profit forecast on hurricane impact

Nov 8, 2024 9:09 PM

Nov 8 (Reuters) - Baxter International ( BAX ) cut its

annual profit forecast on Friday due to a hurricane-related hit

to its IV solutions facility.

Baxter expects full-year adjusted profit between $2.90 and

$2.94 per share, compared with its previous expectation of $2.93

to $3.01. Analysts were expecting a profit of $2.95 per share.

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