BUZZ-Becton Dickinson gains after raising annual profit forecast
Becton, Dickinson and Company BDX | 0.00 |
Updates
** Shares of medical device maker Becton Dickinson BDX.N rise 5.5% to $152.7
** Co raises full-year profit forecast on strong demand for its medical and surgical products
** Expects 2026 adjusted EPS between $12.52 and $12.72 vs previous forecast of $12.35 to $12.65
** Appoints Vitor Roque as chief financial officer, effective May 7
** "We would have liked to see more organic earnings upside in the quarter... but a better top-line performance and Vitor Roque's formal appointment as CFO still look like small steps in the right direction" - J.P. Morgan
** BD reports Q1 adjusted EPS of $2.90 vs analysts' average estimate of $2.77 - LSEG-compiled data
** Q1 revenue of $4.71 billion tops estimates of $4.67 billion
** Including session's move, stock up 0.3% YTD
