08:52 AM EDT, 05/02/2024 (MT Newswires) -- Baxter International ( BAX ) reported Q1 adjusted earnings Thursday of $0.65 per diluted share, up from $0.59 a year earlier.

Analysts polled by Capital IQ expected $0.61.

Net sales for the quarter ended March 31 were $3.59 billion, up from $3.51 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.55 billion.

The company said it expects Q2 adjusted earnings of $0.65 to $0.67 per diluted share. Analysts surveyed by Capital IQ expect $0.68.

The company said it now expects 2024 adjusted earnings of $2.88 to $2.98 per diluted share. That compares with the previous outlook of $2.85 to $2.95 per diluted share. Analysts polled by Capital IQ expect $2.90.

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