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Becton Dickinson And Co Raises Low End Of Prior FY 2013 Guidance To A Range In Line With Analysts' Estimates


Tuesday, 5 Feb 2013 06:00am EST 

Becton Dickinson And Co announced that the Company' positive first quarter results give the confidence to raise the bottom end of fiscal 2013 guidance range on revenues and earnings per share. The Company is raising the bottom end of its previously communicated revenue growth guidance for the year of 3.5% to 4.5% to 4.0% to 4.5% on a foreign currency-neutral basis. Reported revenue growth for fiscal 2013 is expected to be between 3.5% and 4.0%. Reported diluted earnings per share from continuing operations for fiscal 2013 is expected to be between $5.69 and $5.72. On a foreign currency-neutral basis, diluted earnings per share from continuing operations are expected to grow 7.5% to 8.0% over fiscal 2012 adjusted diluted earnings per share, or 10.5% to 11.0%, excluding the estimated impact of the medical device tax that went into effect last month under the U.S. healthcare reform law. The Company reported revenues of $7.7 billion in the fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $7.942 billion, and EPS of $5.65 for fiscal 2013. 

Company Quote

130.38
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21 Nov 2014