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.
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 $1.83, which is the same as the estimate ninety days ago.
Here’s how Bristol-myers Squibb has been performing on an annual basis:
|Revenue ($) 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|
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] wallstcheatsheet.com)