CR Bard’s Outlook

This is from CR Bard‘s ($BCR) earnings call:

That all adds up to adjusted cash earnings per share in 2014 between $8.20 and $8.30 per share, excluding any items that affect comparability. The adjustment for amortization is about $0.90 per share after tax in 2014.

For comparative purposes, the adjusted cash EPS number for 2013 was $6.51. So our EPS growth this year is projected to be between 26% and 27%. The sequential ramp between quarters this year will be meaningful as we expect the 2013 acquisitions and the investments we are making to deliver improving profitability as the year develops.

We’re forecasting Q1 2014 with adjusted cash EPS between $1.83 and $1.87 per share compared to the prior year at $1.61. We expect Q1 sales growth to be between 6% and 7%, including the first quarterly royalty payment being received from Gore.

Posted by on January 31st, 2014 at 10:53 am

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