Zacks Investment Research | Feb 05, 2020 09:24PM ET
Becton, Dickinson and Company (NYSE:BDX) , also known as BD, reported first-quarter fiscal 2020 earnings per share (EPS) of $2.65, which beat the Zacks Consensus Estimate of $2.63. The bottom line however dropped 1.9% on a year-over-year basis and fell 0.4% at constant currency (cc).
The Zacks Rank #4 (Sell) company raked in revenues of $4.23 billion, surpassing the Zacks Consensus Estimate of $4.17 billion. The reported figure improved 1.6% from the year-ago quarter. At cc, revenues rose 2.5%.
Segment Details
BD Medical
In the quarter under review, the company reported worldwide revenues of $2.09 billion, down 2.1% from the year-ago quarter and 1.1% at cc. Per management, the segment's results were offset by year-over-year declines in the Medication Management Solutions and Diabetes Care units.
BD Life Science
Worldwide revenues in the segment totaled $1.12 billion, up 6.3% year over year and 6.4% at cc. Per management, the upside was driven by solid performance in the Diagnostic Systems and Biosciences units.
BD Interventional
This segment generated worldwide revenues of $1.01 billion, up 4.3% from the year-ago quarter. At cc, revenues grew 5% on strong performance by the Surgery, Urology and Critical Care and Surgery sub-units.
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