Bard Offers Q2 Guidance of $1.61 to $1.65 Per Share

On the earnings call, CR Bard ($BCR) offered second-quarter earnings guidance of $1.61 to $1.65 per share. Wall Street had been expecting $1.65.

Bard added that it’s sticking with the full-year earnings forecast they gave in December which was for growth of 3% to 4%. They earned $6.40 per share in 2011 so that translates to 2012 earnings of $6.59 to $6.66 per share. I think that’s probably too conservative. At $98, the stock is a good value.

Posted by on April 25th, 2012 at 12:58 am


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