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Becton Dickinson: Fiscal 3Q Earnings Snapshot

August 6, 2019

FRANKLIN LAKES, N.J. (AP) _ Becton Dickinson and Co. (BDX) on Tuesday reported fiscal third-quarter earnings of $451 million.

On a per-share basis, the Franklin Lakes, New Jersey-based company said it had net income of $1.51. Earnings, adjusted for one-time gains and costs, were $3.08 per share.

The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $3.05 per share.

The medical device manufacturer posted revenue of $4.35 billion in the period, which met Street forecasts.

Becton Dickinson expects full-year earnings in the range of $11.65 to $11.75 per share.

Becton Dickinson shares have risen almost 5% since the beginning of the year, while the Standard & Poor’s 500 index has climbed 13%. The stock has declined slightly more than 4% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BDX at https://www.zacks.com/ap/BDX

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