Becton, Dickinson Releases Preliminary Earnings

Becton, Dickinson (BDX) won’t officially release its earnings report until February 5, but the company released preliminary results today.

BDX said they made $2.70 per share for Q1. Wall Street had been expecting $2.61 per share. That’s up from $2.48 per share one year ago.

BDX also reaffirmed its guidance for this fiscal year:

Full fiscal year 2019 revenues are expected to increase 8.5 to 9.5 percent, primarily due to the C. R. Bard acquisition. Revenues are expected to increase 5.0 to 6.0 percent on a comparable, currency-neutral basis that includes the revenues of C. R. Bard in fiscal 2019 as well as the full 2018 fiscal year.

The company continues to expect full fiscal year 2019 adjusted diluted earnings per share to be between $12.05 and $12.15, which represents growth of approximately 10.0 percent over the prior-year.

The stock is up 2.1% today.

Posted by on January 17th, 2019 at 2:26 pm


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