Becton, Dickinson Beats by a Penny per Share

This morning, Becton, Dickinson (BDX) reported earnings of $3.31 per share for its fiscal Q4. That beat by a penny per share. Becton now sees revenue growth for next year of 4% to 4.5%, which is 5% to 5.5% on a currency neutral basis. Becton sees 2020 EPS ranging between $12.50 and $12.65. That’s below Wall Street’s forecast of $12.94.

“We are very proud of our accomplishments in fiscal year 2019. Our performance this year demonstrates our ability to overcome multiple headwinds and deliver on our financial and operational goals,” said Vincent A. Forlenza, chairman and CEO. “We enter fiscal 2020 with continued optimism. There are significant opportunities ahead to leverage the capabilities we’ve built to better serve our customers and their patients around the world. It has been a privilege to lead BD and our global team of talented associates. I’m confident that under Tom Polen’s leadership the company will further accelerate its impact as BD enters its next phase of value creation.”

For the year, Becton made $11.68 per share. The shares are down about 3% in today’s trading.

Posted by on November 5th, 2019 at 11:50 am


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