Becton, Dickinson (NYSE:BDX) reported its Q3 earnings results on Thursday, August 4, 2022 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Becton, Dickinson beat estimated earnings by 6.4%, reporting an EPS of $2.66 versus an estimate of $2.5.
Revenue was down $249.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.19 which was followed by a 0.64% drop in the share price the next day.
Here’s a look at Becton, Dickinson’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.99 | 2.85 | 2.46 | 2.44 |
| EPS Actual | 3.18 | 3.64 | 2.59 | 2.74 |
| Revenue Estimate | 4.85B | 4.76B | 4.91B | 4.51B |
| Revenue Actual | 5.01B | 5.00B | 5.13B | 4.89B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Becton, Dickinson management provided guidance for FY 2022, expecting earnings between $11.28 and $11.35 per share.
To track all earnings releases for Becton, Dickinson visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
