Bristol-Myers Squibb Reports 47 Cent EPS (BMY)

New York, New York-based Bristol-Myers Squibb Company BMY released financial results on Thursday morning. Bristol-Myers Squibb Company announced that its 4th quarter net earnings from continuing operations fell to $483 million, or 28 cents per share, down from $818 million, or 41 cents per share, a year earlier. Excluding special items, the company reported earnings of 47 cents per share. Bristol-Myers Squibb Company reported revenue of $5.11 billion, up 2% from $5.03 billion a year earlier. According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 47 cents per share, on revenue of $5.05 billion. Bristol-Myers Squibb Company (BMY) finished the previous trading day at $25.93 per share. The consensus price target of analysts covering the company's stock is $26.79 per share. Read more from Benzinga's Company news.