BDX Beats Analysts' 3Q Adjusted. Earnings Estimates
August 06 2019 - 06:57AM
Dow Jones News
By Michael Tobin
Becton, Dickinson and Co. (BDX) posted third-quarter results
Tuesday that beat analysts' adjusted earnings expectations, but
slightly missed their expectations for revenue.
The medical device manufacturer and provisor reported third
quarter earnings of $1.51 a share, compared with $2.03 a share at
this time last year. Analysts polled by FactSet estimated earnings
of $1.80 a share.
On an adjusted basis, the company reported third quarter
earnings of $3.08 a share, compared with $2.91 a year prior.
Analysts were looking for adjusted earnings of $3.05 a share.
The company reported $4.35 billion in revenue, up from $4.28
billion a year prior. Analysts expected $4.36 billion in
revenue.
The company reaffirmed its full-year guidance and said it
expects revenue to increase by 8% to 9%. Becton guided full year
adjusted earnings between $11.65 and $11.75 a share.
Write to Michael Tobin at michael.tobin@wsj.com
(END) Dow Jones Newswires
August 06, 2019 06:42 ET (10:42 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Becton Dickinson (NYSE:BDX)
Historical Stock Chart
From Feb 2024 to Mar 2024
Becton Dickinson (NYSE:BDX)
Historical Stock Chart
From Mar 2023 to Mar 2024