Baxter gains after raising annual profit forecast - BAX News | RalliesBaxter gains after raising annual profit forecast
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BAX• Baxter rises after lifting annual profit outlook
- Shares of medical device maker Baxter BAX.N rise 15% to $28.5 premarket
- Baxter raises annual adjusted profit forecast to between $1.95 and $2.15, compared to its prior view in the range of $1.85 to $2.05
- Analysts expect 2026 profit to be $1.91 per share - LSEG data
- Co reports Q2 sales of $2.96 billion vs analysts' avg estimate of $2.76 billion
- Posts Q2 adj profit of 56 cents, above estimates of 37 cents
- As of last close, stock up 29.6% YTD
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