The 10-second takeaway
For the quarter ended Sep. 30 (Q4), Becton, Dickinson met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share grew.
Gross margins shrank, operating margins shrank, net margins grew.
Becton, Dickinson booked revenue of $1.97 billion. The 14 analysts polled by S&P Capital IQ predicted a top line of $1.96 billion on the same basis. GAAP reported sales were 4.1% lower than the prior-year quarter's $2.05 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.42. The 18 earnings estimates compiled by S&P Capital IQ predicted $1.40 per share. GAAP EPS of $1.42 for Q4 were 4.4% higher than the prior-year quarter's $1.36 per share. (The prior-year quarter included -$0.01 per share in earnings from discontinued operations.)
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 50.9%, 40 basis points worse than the prior-year quarter. Operating margin was 19.8%, 180 basis points worse than the prior-year quarter. Net margin was 14.7%, 10 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $1.87 billion. On the bottom line, the average EPS estimate is $1.28.
Next year's average estimate for revenue is $7.98 billion. The average EPS estimate is $5.85.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,131 members out of 1,152 rating the stock outperform, and 21 members rating it underperform. Among 361 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 359 give Becton, Dickinson a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Becton, Dickinson is hold, with an average price target of $79.63.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Becton, Dickinson. Learn how to maximize your investment income and get "The 3 DOW Stocks Dividend Investors Need." Click here for instant access to this free report.
- Add Becton, Dickinson to My Watchlist.