Becton, Dickinson and Company Q1 Profit Decreases, but beats estimates

Becton, Dickinson and Company (BDX) revealed earnings for first quarter that decreased from last year but beat the Street estimates.

The company's bottom line came in at $486 million, or $1.70 per share. This compares with $655 million, or $2.28 per share, in last year's first quarter.

Excluding items, Becton, Dickinson and Company reported adjusted earnings of $2.98 per share for the period.

Analysts on average had expected the company to earn $2.68 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 2.8% to $4.59 billion from $4.72 billion last year.

Becton, Dickinson and Company earnings at a glance (GAAP) :

-Earnings (Q1): $486 Mln. vs. $655 Mln. last year.
-EPS (Q1): $1.70 vs. $2.28 last year.
-Analyst Estimates: $2.68
-Revenue (Q1): $4.59 Bln vs. $4.72 Bln last year.

Full year EPS guidance: $12.07 - $12.32
Full year revenue guidance: $19.1 - $19.3 Bln

For comments and feedback contact: editorial@rttnews.com

Follow RTT