BD Announces First Fiscal Quarter Results; Raises Fiscal 2021 Guidance

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Becton Dickinson (BDX) Tops Q1 EPS by $1.44, Revenues Beat; Raises FY21 EPS Guidance Above Consensus

February 4, 2021 6:06 AM EST

Becton Dickinson (NYSE: BDX) reported Q1 EPS of $4.55, $1.44 better than the analyst estimate of $3.11. Revenue for the quarter came in at $5.32 billion versus the consensus estimate of $4.88 billion.

First fiscal quarter revenues of $5.315 billion grew 25.8% on a reported basis. On a currency-neutral basis, revenues increased 24.3%.BD's COVID-19 testing sales of $867 million contributed 20.5 percentage points to revenue growth on a reported basis. This includes BD Veritor Plus System revenues of $688 million.First fiscal quarter GAAP diluted earnings per share (EPS) increased 285% year-over-year to $3.35.Adjusted EPS increased 71.7% year-over-year to $4.55.BD is... More