Becton Dickinson Q4 revenue beats estimates on broad-based growth

By Reuters News


Overview

  • U.S. medical technology firm's fiscal Q4 revenue rose 5.4%, beating analyst expectations

  • Adjusted EPS for fiscal Q4 climbed 27%, beating analyst expectations

  • Company completed spin-off of Life Sciences business, focusing on core MedTech operations


Outlook

  • Company sees FY27 GAAP and FXN revenue growth in low single-digit percentage range

  • Becton Dickinson expects FY27 adjusted diluted EPS of $13.10 to $13.30


Result Drivers

  • SEGMENT GROWTH - Co reported broad-based revenue growth across Medical Essentials, BioPharma Systems and Interventional segments

  • PRODUCT LAUNCHES - Co highlighted new launches in pharmacy automation and vascular intervention as contributing to performance

  • SUPPLY CHAIN PARTNERSHIP - Co cited partnership with U.S. government to expand domestic manufacturing and supply chain resilience


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Beat

$5.27 bln

$5.11 bln (12 Analysts)

Q4 Adjusted EPS

Beat

$4.15

$4.07 (14 Analysts)

Q4 EPS

$2.52


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

  • Wall Street's median 12-month price target for Becton Dickinson and Co is $205.00, about 2% above its November 4 closing price of $209.19

  • The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 12 three months ago


Reuters Recommended Reads

  • Nov 4 - Zimmer Biomet Q3 sales beat estimates, raises FY outlook

  • Nov 4 - UK's Smith & Nephew misses Q3 revenue estimates, cuts outlook on slower US orthopaedics market

  • Nov 4 - Edwards Lifesciences Q3 sales beat on TMTT portfolio adoption


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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