Baxter International Inc (NYSE:BAX)
$ 33.9 -0.1 (-0.29%) Market Cap: 17.27 Bil Enterprise Value: 28.47 Bil PE Ratio: 6.52 PB Ratio: 2.11 GF Score: 79/100

Q3 2019 Baxter International Inc Earnings Call Transcript

Oct 24, 2019 / 12:30PM GMT
Release Date Price: $79.08 (-10.09%)
Operator

Good morning, ladies and gentlemen, and welcome to the Baxter International Third Quarter 2019 Earnings Conference Call. (Operator Instructions) As a reminder, this call is being recorded by Baxter and is copyrighted material. It cannot be recorded or rebroadcast without Baxter's permission. If you have any objections, please disconnect at this time.

I would now like to turn the call over to Ms. Clare Trachtman, Vice President, Investor Relations at Baxter International. Ms. Trachtman, you may begin.

Clare Trachtman
Baxter International Inc. - VP of IR

Thanks, Catherine. Good morning, and welcome to our third quarter 2019 conference call. Joining me today are Joe Almeida, Baxter's Chairman and Chief Executive Officer; and Jay Saccaro, Baxter's Chief Financial Officer.

As you saw in today's press release, the company recently initiated an internal investigation into misstatements in our previously reported nonoperating income related to foreign exchange gains and losses. While the investigation is ongoing, we are not able to provide full

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