Becton Dickinson (BDX) Reports In-Line Q4 EPS; Guides

November 4, 2009 6:47 AM EST

Becton Dickinson (NYSE: BDX) reports Q4 earnings of $1.25 per share, in-line with the consensus of $1.25. Revenues came in at $1.9 billion, versus the consensus of $1.85 billion.

Becton Dickinson estimates that reported revenues for the full fiscal year 2010 will increase about 6 percent, or 5 to 6 percent excluding the estimated favorable impact from foreign currency translation. The Company expects diluted earnings per share from continuing operations for the full fiscal year 2010 to increase approximately 1 to 3 percent over adjusted diluted earnings per share from continuing operations, excluding specified items, of $4.95 for the fiscal year 2009, or 7 to 9 percent excluding the estimated unfavorable impact from foreign currency translation.

"The achievement of solid fourth quarter performance, in particular BD Medical and BD Diagnostics, marks the conclusion of another successful year for BD," said Edward J. Ludwig, Chairman and Chief Executive Officer. "This strong finish to the year provides a platform for growth in fiscal 2010 and gives us confidence we will achieve our stated long-term goals."

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