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Baxter forecast 2026 profit below estimates

Baxter forecast 2026 profit below estimates

101 finance101 finance2026/02/12 12:39
By:101 finance

Feb 12 (Reuters) - Medical products ‌maker Baxter ‌forecast annual profit ​below Wall Street estimates on Thursday, ‌due ⁠to persistent impact from ⁠hurricane-related disruptions at ​a ​key ​manufacturing unit.

Baxter ‌expects 2026 adjusted profit between $1.85 and $2.05 per share, ‌well ​below ​analysts' ​average expectation ‌of $2.25 per share, ​according ​to data compiled ​by ‌LSEG.

(Reporting by Kamal ​Choudhury in ​Bengaluru)

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