Becton, Dickinson and Co. First Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Becton, Dickinson and Co. (NYSE:BDX) will unveil its latest earnings on Tuesday, February 7, 2012. Becton, Dickinson & Company provides healthcare institutions, life science researchers, clinical laboratories, and individual consumers with laboratory equipment, medical supplies, devices, and diagnostic products.

Becton, Dickinson and Co. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.17 per share, a decline of 13.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.18. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.17 during the last month. For the year, analysts are projecting net income of $5.79 per share, a rise of 3% from last year.

Past Earnings Performance: Last quarter, the company saw profit of $1.39 per share versus a mean estimate of net income of $1.39 per share. This comes after two consecutive quarters of exceeding expectations.

Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?

Wall St. Revenue Expectations: On average, analysts predict $1.88 billion in revenue this quarter, a rise of 2.2% from the year ago quarter. Analysts are forecasting total revenue of $7.99 billion for the year, a rise of 2% from last year’s revenue of $7.83 billion.

Analyst Ratings: Analysts seem relatively indifferent about Becton, Dickinson and with 11 of 18 analysts surveyed maintaining a hold rating.

A Look Back: In the fourth quarter of the last fiscal year, profit fell 24.4% to $300 million ($1.36 a share) from $396.7 million ($1.67 a share) the year earlier, meeting analyst expectations. Revenue rose 18.4% to $2.05 billion from $1.73 billion.

Key Stats:

The decrease in profit in the fourth quarter of the last fiscal year broke a streak of two consecutive quarters of year-over-year profit increases. Net income rose 11.8% in the third quarter of the last fiscal year and 4.8% in the second quarter of the last fiscal year.

Revenue has gone up for three straight quarters. It rose 7.2% in the third quarter of the last fiscal year from the year earlier and 4.2% in the second quarter of the last fiscal year.

Stock Price Performance: During November 3, 2011 to February 1, 2012, the stock price had risen $7.56 (10.5%) from $71.94 to $79.50. The stock price saw one of its best stretches over the last year between December 16, 2011 and December 27, 2011 when shares rose for seven-straight days, rising 5.9% (+$4.15) over that span. It saw one of its worst periods between December 9, 2011 and December 16, 2011 when shares fell for six-straight days, falling 3.1% (-$2.27) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Don’t Miss These Additional Hot Earnings Preview Stories:

Sohu.com Inc. Fourth Quarter Earnings Sneak Peek

Humana Inc. Fourth Quarter Earnings Sneak Peek

Yum! Brands Inc. Fourth Quarter Earnings Sneak Peek

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com