Recap: Becton, Dickinson Q1 Earnings

Becton, Dickinson BDX reported its Q1 earnings results on Thursday, February 3, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Becton, Dickinson beat estimated earnings by 27.72%, reporting an EPS of $3.64 versus an estimate of $2.85, which surprised analysts.

Revenue was up $320.00 million from the same period last year.

Last quarter the company beat on EPS by $0.13, which was followed by a 0.15% drop in the share price the next day.

Here's a look at Becton, Dickinson's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	2.46	2.44	3.04	3.11
EPS Actual	2.59	2.74	3.19	4.55
Revenue Estimate	4.91B	4.51B	4.89B	4.88B
Revenue Actual	5.13B	4.89B	4.91B	5.32B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Becton, Dickinson management provided guidance for their next quarter, expecting earnings between $12.8 and $13.0 per share for the next quarter.

This represents a 254.4% in quarter-over-quarter growth for Becton, Dickinson, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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