CR Bard Earnings: Everything You Must Know Now

CR Bard Inc. (NYSE:BCR) 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.

CR Bard Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 12.35% to $1.42 in the quarter versus EPS of $1.62 in the year-earlier quarter.

Revenue: Rose 2.33% to $759.9 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: CR Bard Inc. reported adjusted EPS income of $1.42 per share. By that measure, the company beat the mean analyst estimate of $1.38. It beat the average revenue estimate of $750.08 million.

Quoting Management: Timothy M. Ring, chairman and chief executive officer, commented, “Our operating results this quarter exceeded our expectations. We continue to focus on the execution of our investment plan, which we believe will shift the mix of our portfolio to faster growing products and geographies and contribute to long-term sustainable leadership positions in our markets.”

Key Stats (on next page)…

Revenue increased 2.65% from $740.3 million in the previous quarter. EPS decreased 1.39% from $1.44 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.66 to a profit $1.63. For the current year, the average estimate has moved down from a profit of $6.26 to a profit of $6.23 over the last ninety days.

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