12:45 PM EDT, 07/31/2025 (MT Newswires) -- (Updates with the latest stock movement in the first paragraph and headline.)

Baxter International ( BAX ) shares fell 19% in recent Thursday trading after the company reported Q2 results that missed Wall Street estimates and lowered 2025 guidance.

Q2 adjusted earnings fell to $0.54 per diluted share from $0.68 a year earlier, the company said Thursday.

Analysts polled by FactSet expected $0.61.

Revenue in the three months ended June 30 rose to $2.81 billion from $2.69 billion a year earlier.

Analysts surveyed by FactSet expected $2.82 billion.

The company expects Q3 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 EPS 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 and lowered its annual sales growth forecast to 6% to 7% from 7% to 8%.

Analysts surveyed by FactSet expect EPS of $2.52 on revenue of $11.39 billion.

Price: 22.73, Change: -5.32, Percent Change: -18.97