Baxter International (Bax) is located to a new level in disappointing growth forecasts

We have recently published Huge sales: 10 stocks in the bloodbath. Baxter International Inc. (NYSE: Bax) is one of the worst stocks on Thursday.

Baxter International fell its shares prices to the lowest new level for 52 weeks on Thursday, as investors were strained in low profit growth expectations.

In trading during the day, Baxter International Inc. shares decreased.

In a call with analysts, Baxter International Inc. said. (NYSE: Bax) It reduced the modified EPS to between $ 2.42 and $ 2.52 from $ 2.47 to $ 2.55. Analysts expect $ 2.52 per share.

“Although we never want to reduce expectations, our general goal is to reduce expectations to capture more possible negative risks,” and quoted the degree of financial manager Baxter International Inc.

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In the second quarter of the year, Baxter International Inc. moved. Net sales increased by 4 percent to $ 2.8 billion from $ 2.69 billion.

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