UPDATE: Becton Dickinson Posts Drop In FQ3 Earnings, Lowers Full-Year Forecast

Loading...
Loading...
Becton Dickinson & Co
BDX
reported a 4.7% drop in its fiscal third-quarter earnings. Becton Dickinson lowered its full-year earnings forecast to $5.33 to $5.38 per share, versus its May view of $5.68 to $5.73 per share. Becton Dickinson's quarterly profit fell to $326.9 million, from $343.1 million, in the year-ago period. Its per-share earnings rose to $1.59, from $1.53 as the number of shares outstanding declined 8.7%. Its earnings from continuing operations were $1.52 per share. Revenue climbed 1.5% to $1.98 billion. However, analysts were expecting earnings of $1.53 per share on revenue of $2.02 billion. Becton Dickinson's gross margin declined to 52.2% from 52.7%. Becton Dickinson shares closed at $75.18 yesterday.
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsGuidanceprofit
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...