C. R. Bard, Inc. (BCR) reported a fall in first quarter profit. Net income was $90.7 million and earnings per share available to common shareholders of $1.08, compared to $138.70 million or $1.60 per share in the same quarter last year. The latest quarter results primarily reflected higher costs and expenses from the year-ago quarter.
For the quarter, total expenses and costs were $612.70 million, up from $538.60 million a year ago.
On an adjusted basis fourth quarter profit totaled $120.7 million and earnings per share available to common shareholders were $1.44.
Analysts polled by Thomson Reuters expected the company to earn $1.42 per share for the quarter. Analysts' estimates typically exclude special items.
However, quarterly net sales rose to $740.40 million, an increase of 1 percent over $740.00 million in the prior-year period on a reported basis, while the Street expected revenues of $728.45.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.