Baxter International Inc.
(NYSE:BAX) stock is trading higher on Thursday after the company reported better-than-expected second-quarter financial results and raised its fiscal 2026 guidance. • Baxter International shares are climbing with conviction.
Why is BAX stock up today?
Baxter Stock Gains After Q2 Earnings Beat, Raised 2026 Guidance The hospital product maker reported adjusted earnings of 54 cents, beating the consensus of 37 cents.
The results reflect the roll-through of higher-cost inventory produced at the end of 2025, as well as an unfavorable comparison to the prior year related to the reclassification of certain functional costs from SG&A to cost of sales.
