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UPDATE: Becton Dickinson Posts Upbeat Q2 Revenue, Lifts 2012 Forecast

By Insider Scoop
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Courtesy of Benzinga.

Becton Dickinson & Company (NYSE: BDX) reported its second-quarter results today.

Becton Dickinson’s quarterly profit came in at $291 million, or $1.39 per share, versus $312 million, or $1.38 per share, in the year-ago period. Its profit from continuing operations was $1.41 per share.

Becton Dickinson’s revenue surged to $1.99 billion from $1.92 billion. However, analysts were expecting earnings of $1.38 per share on sales of $1.94 billion.

Becton Dickinson lifted its 2012 forecast for revenue growth from flat to between 1% and 2%. It also raised its earnings forecast for the full year to $5.68 to $5.78 per share, versus $5.60 to $5.70 a share.

Becton Dickinson shares closed at $78.45 yesterday.

(c) 2012 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.


For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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