Baxter International Earnings: Your Sneak Peek to the Big Announcement

Baxter International (NYSE:BAX) will report earnings before markets open on Thursday, July 18th. Baxter International Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. The Company’s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors’ offices, and research laboratories.

Here is your Cheat Sheet to Baxter International Earnings:

Earnings Expectations: Analysts expect earnings of $1.13 per share on revenues of $3.70 billion. Currently, the company’s P/E ratio stands at 17.54.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.19 to a profit $1.18. For the current year, the average estimate is a profit of $4.65, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Baxter International has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 12,348 12,562 12,843 13,893 14,190
Diluted EPS ($) 3.16 3.59 2.39 3.88 4.18

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 3,572.00 3,477.00 3,753.00 3,448.00
Diluted EPS ($) 1.19 1.06 0.89 1.00

Past Performance:
Baxter International has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]