Becton, Dickinson and Company (NYSE:BDX) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Becton, Dickinson and Company Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 6.11% to $1.39 in the quarter versus EPS of $1.31 in the year-earlier quarter.
Revenue: Rose 0.46% to $2 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: Becton, Dickinson and Company reported adjusted EPS income of $1.39 per share. By that measure, the company beat the mean analyst estimate of $1.35. It beat the average revenue estimate of $1.99 billion.
Quoting Management: “We continued to deliver solid performance in the second quarter. Our results for the first half of the year give us the confidence to raise guidance for fiscal year 2013,” said Vincent A. Forlenza, Chairman, CEO and President. “Additionally, our recent announcements of the BD Simplist™ product line and the Cato Software acquisition demonstrate how we are continuing to invest in innovation both organically and through strategic acquisition opportunities. We believe we are well positioned for continued success in fiscal year 2013 and beyond.”
Key Stats (on next page)…