-+ 0.00%
-+ 0.00%
-+ 0.00%
Becton Dickinson: Fiscal Q3 Earnings Snapshot
Share
Listen to the news

FRANKLIN LAKES, N.J. (AP) — FRANKLIN LAKES, N.J. (AP) — Becton Dickinson and Co. (BDX) on Thursday reported fiscal third-quarter profit of $377 million.

On a per-share basis, the Franklin Lakes, New Jersey-based company said it had profit of $1.37. Earnings, adjusted for one-time gains and costs, were $3.23 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.14 per share.

The medical device manufacturer posted revenue of $4.98 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $4.89 billion.

Becton Dickinson expects full-year earnings in the range of $12.62 to $12.72 per share.

Becton Dickinson shares have declined 12% since the beginning of the year, while the S&P's 500 index has increased 13%. The stock has decreased 3.5% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BDX at https://www.zacks.com/ap/BDX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending