Becton, Dickinson and Company

(New York Stock Exchange)
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Becton Dickinson: Fiscal Q2 Earnings Snapshot

AI-generated analysis

📉 Becton Dickinson reported a fiscal second-quarter loss of $311 million, reversing a profit from the same period last year.

💸 On a per-share basis, the company recorded a loss of $1.11 for the quarter.

✨ Adjusted earnings, excluding one-time gains and costs, were reported at $2.90 per share.

📈 These adjusted results exceeded Wall Street expectations with analyst consensus set at $2.77 per share.

💰 Total revenue for the period reached $4.71 billion, surpassing analyst forecasts of $4.67 billion.

🔮 Management guidance expects full-year earnings to range between $12.52 and $12.72 per share.

📉 Becton Dickinson shares have fallen 25% year-to-date while the S&P 500 has risen nearly 8%.

📉 Over the past 12 months, the stock has declined by approximately 12%.

Bullish Signals
  • Adjusted earnings of $2.90 per share surpassed Wall Street expectations, with analysts averaging $2.77 per share.
  • Revenue of $4.71 billion exceeded forecasts from four analysts who had projected $4.67 billion.
Risk Factors
  • Becton Dickinson reported a fiscal second-quarter loss of $311 million, marking a significant decline from the profit recorded in the same period a year earlier.
  • The company's quarterly loss of $1.11 per share stands in contrast to adjusted earnings of $2.90 per share, highlighting volatility driven by one-time costs or gains rather than core operations.
  • Becton Dickinson shares have fallen 25% since the beginning of the year and 12% over the last 12 months, underperforming significantly compared to the S&P's 500 index which rose almost 8% in the same period.
Full Analysis
Becton Dickinson and Co., based in Franklin Lakes, New Jersey, reported a fiscal second-quarter loss of $311 million, contrasting with the profit posted in the same period last year. On a per-share basis, the company recorded a loss of $1.11, though adjusted earnings for one-time gains and costs were calculated at $2.90 per share. These results surpassed Wall Street expectations, as the average estimate from six analysts surveyed by Zacks Investment Research was set for $2.77 per share. The medical device manufacturer also generated revenue of $4.71 billion, which exceeded analyst forecasts; four analysts expected revenue to reach $4.67 billion. Looking ahead, Becton Dickinson projects full-year earnings in the range of $12.52 to $12.72 per share. The stock performance has been significant, with shares decreasing 25% since the beginning of the year and dropping 12% over the last 12 months, while the S&P 500 index has risen almost 8% during this timeframe.