Bristol-Myers Squibb Reports Fourth Quarter and Full Year 2016 Financial Results

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Bristol-Myers Squibb Co. (BMY) PT Lowered to $60 at Jefferies; Says Takeover 'Increasingly Likely'

January 27, 2017 8:26 AM EST

Jefferies analyst Jeffrey Holford lowered estimates and his price target on Bristol-Myers Squibb Co. (NYSE: BMY) to $60.00 (from $69.00) but said a takeover increasingly likely as the stock moves towards our ex-lung valuation of $44.

Holford commented, "Management seems to have scared investors... More

Bristol-Myers Squibb (BMY) Extends Losses Mid-Day

January 26, 2017 12:44 PM EST

Bristol-Myers Squibb (NYSE: BMY) is seeing notable mid-day weakness following results this morning. The company's earnings call has already ended. Shares are down 4.4%.

... More

Bristol-Myers Squibb (BMY) Misses Q4 EPS by 4c; Guides Below the Street

January 26, 2017 7:00 AM EST

Bristol-Myers Squibb (NYSE: BMY) reported Q4 EPS of $0.63, $0.04 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $5.24 billion versus the consensus estimate of $5.13 billion.

GUIDANCE:

Bristol-Myers Squibb sees FY2017 EPS of $2.70-$2.90, versus the consensus of... More