Becton, Dickinson (BDX) Q2 Earnings Beat, Revenues Fall Y/Y
Zacks Investment Research | May 09, 2019 08:39AM ET
Becton, Dickinson and Company (NYSE:BDX) posted second-quarter fiscal 2019 earnings per share (EPS) of $2.59, beating the Zacks Consensus Estimate of $2.57. The bottom line however dipped 2.3% on a year-over-year basis but rose 7.2% at constant currency (cc).
Becton Dickinson, also known as BD, raked in revenues of $4.20 billion, missing the Zacks Consensus Estimate of $4.24 billion. The reported figure fell 0.6% from the year-ago quarter. At cc, revenues rose 3.4%.
Segment Details
BD Medical
In the quarter under review, the Zacks Rank #4 (Sell) company posted worldwide revenues of $2.18 billion, up 0.4% from the year-ago quarter and 3.3% at cc, primarily due to the acquisition of C. R. Bard. Per management, the segment's results were driven by strong performance in the Medication Management Solutions unit.
Becton, Dickinson and Company Price, Consensus and EPS Surprise
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Stryker delivered first-quarter 2019 adjusted EPS of $1.88, beating the Zacks Consensus Estimate by 2.2%. Revenues of $3.52 billion were in line with the consensus estimate.
DENTSPLY reported adjusted EPS of 49 cents in the first quarter of 2019, beating the Zacks Consensus Estimate of 38 cents. Revenues came in at $946.2 million and surpassed the Zacks Consensus Estimate of $917.1 million.
CONMED posted first-quarter 2019 adjusted EPS of 57 cents, which beat the Zacks Consensus Estimate of 54 cents. Revenues were $218.4 million, surpassing the consensus estimate of $213 million.
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