Baxter expects lower 2026 profit following hurricane impacts at key facility
Baxter projected 2026 earnings today that fell short of analyst expectations. The company cited ongoing hurricane disruptions at a key manufacturing facility.
Insights:
Baxter International Inc. announced on Feb. 12, 2026, that its adjusted profit forecast for the 2026 fiscal year is expected to be between $1.85 and $2.05 per share. This projection is materially below the $2.25 per share average expectation held by Wall Street analysts.
The company attributed the shortfall to persistent hurricane-related disruptions at a key manufacturing unit. These ongoing operational issues have hindered production, leading to the revised outlook for the company's 2026 profitability.
