Becton Dickinson (NYSE:BDX) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Becton Dickinson announced earnings per share of $2.65 on revenue of $4.23B. Analysts polled by anticipated EPS of $2.64 on revenue of $4.18B. That with comparison to EPS of $2.7 on revenue of $4.16B in the same period a year before. Becton Dickinson had reported EPS of $3.31 on revenue of $4.58B in the previous quarter. Analysts are expecting EPS of $2.99 and revenue of $4.4B in the upcoming quarter.
Becton Dickinson shares are up 5.15% from the beginning of the year , still down 0.24% from its 52 week high of $286.67 set on February 5. They are outperforming the S&P 500 which is up 2.77% year to date.
Becton Dickinson follows other major Healthcare sector earnings this month
Becton Dickinson's report follows an earnings beat by J&J on January 22, who reported EPS of $1.88 on revenue of $20.75B, compared to forecasts EPS of $1.87 on revenue of $20.8B.
Novartis ADR had beat expectations on January 29 with fourth quarter EPS of $1.32 on revenue of $12.4B, compared to forecast for EPS of $1.31 on revenue of $12.33B.
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