Becton Dickinson Earnings: Everything You Must Know Now

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 3.95% to $1.58 in the quarter versus EPS of $1.52 in the year-earlier quarter.

Revenue: Rose 3.61% to $2.05 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Becton, Dickinson and Company reported adjusted EPS income of $1.58 per share. By that measure, the company beat the mean analyst estimate of $1.48. It beat the average revenue estimate of $2.05 billion.

Quoting Management: “Our solid results against the backdrop of a challenging environment demonstrate that we are executing on our strategy and delivering on our commitments,” said Vincent A. Forlenza, Chairman, CEO and President. “We remain confident in our fiscal year 2013 outlook.”

Key Stats (on next page)…

Revenue increased 2.58% from $2 billion in the previous quarter. EPS increased 13.67% from $1.39 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.51 to a profit $1.52. For the current year, the average estimate is a profit of $5.74, which is the same with that ninety days ago.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]