Becton Dickinson Raises 2021 Revenue, Adjusted EPS Guidance
August 05 2021 - 6:46AM
Dow Jones News
By Dave Sebastian
Becton Dickinson & Co. said it raised its fiscal 2021
revenue growth and adjusted earnings guidance ranges as it posted
higher third-quarter profit and revenue.
The Franklin Lakes, N.J.-based medical-technology company on
Thursday said it expects revenue to grow about 16.5% to 17% for the
year, up from its prior guidance of 12% to 14%. It expects adjusted
earnings of $12.85 to $12.95 a share, up from its prior outlook of
$12.75 to $12.85 a share.
At the same time, the company said it has started to see some
effect on elective procedures from the spread of the Delta variant
of the Covid-19 virus in some U.S. states, and assumes some
continuation of the trend.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
August 05, 2021 06:38 ET (10:38 GMT)
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