Bristol-myers Squibb Earnings Preview: Get Ahead of the Analysts

Bristol-Myers Squibb (NYSE:BMY) will report earnings before markets open on Thursday, April 25th. Bristol-Myers Squibb Company is a global biopharmaceutical company that discovers, develops, manufactures and sells pharmaceutical and nutritional products. The Company’s products and experimental therapies address cancer, heart disease, HIV/AIDS, diabetes, rheumatoid arthritis, hepatitis, organ transplant rejection and psychiatric disorders.

Here is your Cheat Sheet to Bristol-myers Squibb Earnings:

Earnings Expectations: Analysts expect earnings of $0.41 per share on revenues of $3.87 billion. Currently, the company’s P/E ratio stands at 34.96.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.45 and has not changed. For the current year, the average estimate is a profit of $1.83, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Bristol-myers Squibb has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 17,720 18,810 19,480 21,240 17,620
Diluted EPS ($) 2.62 5.34 1.79 2.16 1.16

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 5,454 5,251 4,443 3,736 4,191
Diluted EPS ($) 0.51 0.64 0.38 -0.43 0.57

Past Performance:
Bristol-myers Squibb has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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