Becton Dickinson: Fiscal Q4 Earnings Snapshot

Barchart · 5d ago

FRANKLIN LAKES, N.J. (AP) — FRANKLIN LAKES, N.J. (AP) — Becton Dickinson and Co. (BDX) on Thursday reported fiscal fourth-quarter profit of $696 million.

The Franklin Lakes, New Jersey-based company said it had profit of $2.54 per share. Earnings, adjusted for one-time gains and costs, came to $4.15 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.06 per share.

The medical device manufacturer posted revenue of $5.27 billion in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $5.12 billion.

For the year, the company reported profit of $1.15 billion, or $4.09 per share. Revenue was reported as $19.46 billion.

Becton Dickinson expects full-year earnings in the range of $13.10 to $13.30 per share.

Becton Dickinson shares have risen nearly 8% since the beginning of the year, while the S&P's 500 index has risen 12%. The stock has climbed 17% in the last 12 months.

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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