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Becton Dickinson And Co Issues FY 2014 Mixed Guidance; Plans To Repurchase About $450 Million Of Common Stock


Tuesday, 5 Nov 2013 06:00am EST 

Becton Dickinson And Co announced that it estimates that reported and currency-neutral revenues for fiscal 2014 will increase 4.0% to 5.0%. The Company expects reported diluted earnings per share from continuing operations for fiscal 2014 to be between $6.16 and $6.22. On a foreign currency-neutral basis, adjusted diluted earnings per share are expected to grow about 8.5% to 9.5%, or 9.0% to 10.0% excluding the incremental impact of the medical device tax. The Company plans to repurchase, subject to market conditions, about $450 million of its common stock in 2014. The Company reported revenues of $8.1 billion in fiscal 2013. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $8.3 billion and EPS of $6.27 for fiscal 2014. 

Company Quote

113.16
0.23 +0.20%
17 Apr 2014