Becton Dickinson Says First-Quarter Profit Will Top Views
January 17 2019 - 6:51AM
Dow Jones News
By Colin Kellaher
Becton Dickinson & Co. (BDX) on Thursday said it will report
better-than-expected earnings for its fiscal first quarter due to
the timing of certain tax items and a strong performance across all
three of its business segments.
The Franklin Lakes, N.J., medical-technology company said it
expects to report an adjusted profit of $2.70 a share for the
quarter ended Dec. 31 on revenue of $4.16 billion.
Analysts surveyed by FactSet were expecting adjusted per-share
earnings of $2.59 and sales of $4.11 billion.
Becton Dickinson said it still expects fiscal 2019 adjusted
earnings of $12.05 to $12.15 a share and revenue growth of 8.5% to
9.5%. Analysts polled by FactSet expect the company to post a
full-year profit of $12.12 a share.
Becton Dickson is scheduled to report first-quarter earnings on
Feb. 5.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 17, 2019 06:36 ET (11:36 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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