08:14 AM EDT, 07/31/2025 (MT Newswires) -- Baxter International ( BAX ) reported Q2 adjusted earnings Thursday of $0.54 per diluted share, down from $0.68 a year earlier.

Analysts polled by FactSet expected $0.61.

Revenue for the quarter ended June 30 was $2.81 billion, compared with $2.69 billion a year earlier.

Analysts surveyed by FactSet expected $2.82 billion.

For Q3, the company expects adjusted earnings from continuing operations of $0.58 to $0.62 per diluted share on sales growth of 6% to 7%. Analysts surveyed by FactSet expect adjusted earnings of $0.65 on revenue of $2.91 billion.

The company trimmed its 2025 adjusted earnings guidance to $2.42 to $2.52 per diluted share from $2.47 to $2.55. It also trimmed its annual sales growth from continuing operations to 6% to 7% on a reported basis from 7% to 8%. Analysts surveyed by FactSet expect adjusted earnings of $2.52 per share on revenue of $11.39 billion.

Baxter shares were 9.7% lower in premarket trading.