Bristol-Myers Squibb Company BMY unveils its next round of earnings this Thursday, Oct. 25. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement
Earnings and Revenue
Bristol-Myers Squibb EPS will likely be near 91 cents while revenue will be around $5.72 billion, according to analysts.
In the same quarter last year, Bristol-Myers Squibb reported EPS of 75 cents on revenue of $5.25 billion. The Wall Street estimate would represent a 21.33 percent increase in the company's earnings. Revenue would be up 8.87 percent from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
EPS Estimate | 0.88 | 0.83 | 0.67 | 0.76 |
EPS Actual | 1.01 | 0.94 | 0.68 | 0.75 |
Stock Performance
Over the last 52-week period, shares are down 21.38 percent. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Bristol-Myers Squibb stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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