A Preview Of Bristol-Myers Squibb's Earnings

Loading...
Loading...

Bristol-Myers Squibb BMY is set to give its latest quarterly earnings report on Thursday, 2023-02-02. Here's what investors need to know before the announcement.

Analysts estimate that Bristol-Myers Squibb will report an earnings per share (EPS) of $1.72.

Bristol-Myers Squibb bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.16, which was followed by a 2.31% increase in the share price the next day.

Here's a look at Bristol-Myers Squibb's past performance and the resulting price change:

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 1.83 1.82 1.91 1.80
EPS Actual 1.99 1.93 1.96 1.83
Price Change % 2.31% -0.15% -2.5% 1.44%

Stock Performance

Shares of Bristol-Myers Squibb were trading at $72.65 as of January 31. Over the last 52-week period, shares are up 11.26%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Bristol-Myers Squibb visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Loading...
Loading...
Date
▲▼
ticker
▲▼
name
▲▼
Actual EPS
▲▼
EPS Surprise
▲▼
Actual Rev
▲▼
Rev Surprise
▲▼
Posted In: EarningsBZI-EP
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...