Becton Dickinson and Co reports results for the quarter ended June 30 - Earnings Summary

• Becton Dickinson and Co BDX.N reported quarterly adjusted earnings of $3.68​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.50. The mean expectation of eleven analysts for the quarter was for earnings of $3.40 per share. Wall Street expected results to range from $3.35 to $3.50 per share.

• Revenue rose 8.9% to $5.51 billion from a year ago; analysts expected $5.49 billion.

• Becton Dickinson and Co's reported EPS for the quarter was $2.00​.

• The company reported quarterly net income of $574 million.

• Becton Dickinson and Co shares had risen by 0.1% this quarter and lost 24.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

• Wall Street's median 12-month price target for Becton Dickinson and Co is $196.00, about 12% above its last closing price of $172.41

This summary was machine generated from LSEG data August 7 at 04:21 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)