Becton, Dickinson(BDX)

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Becton, Dickinson(BDX) - 2025 Q1 - Earnings Call Presentation
2025-02-06 12:34
Advancing the world of healthTM Caution Concerning Forward-looking Statements This presentation and accompanying webcast contain certain estimates and other forward-looking statements (as defined under Federal securities laws) regarding BD's future prospects and performance, including, but not limited to, future revenues, margins, earnings per share, leverage targets and capital deployment, and the contemplated separation of BD's Biosciences and Diagnostic Solutions business, including, but not limited to, ...
Compared to Estimates, Becton Dickinson (BDX) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-02-06 00:36
For the quarter ended December 2024, Becton Dickinson (BDX) reported revenue of $5.17 billion, up 9.8% over the same period last year. EPS came in at $3.43, compared to $2.68 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $5.1 billion, representing a surprise of +1.32%. The company delivered an EPS surprise of +15.10%, with the consensus EPS estimate being $2.98.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...
Becton Dickinson (BDX) Tops Q1 Earnings and Revenue Estimates
ZACKS· 2025-02-05 23:55
Becton Dickinson (BDX) came out with quarterly earnings of $3.43 per share, beating the Zacks Consensus Estimate of $2.98 per share. This compares to earnings of $2.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.10%. A quarter ago, it was expected that this medical device manufacturer would post earnings of $3.77 per share when it actually produced earnings of $3.81, delivering a surprise of 1.06%.Over the last four qua ...
Becton, Dickinson(BDX) - 2025 Q1 - Quarterly Results
2025-02-05 21:32
Revenue Performance - Revenue for Q1 FY2025 was $5.2 billion, representing a 9.8% increase year-over-year, with 9.6% growth on a currency-neutral basis and 3.9% organic growth[4] - BD Medical segment revenue was $2.615 billion, up 17.3%, driven by strong performance in Medication Delivery Solutions[12] - BD Life Sciences segment revenue was $1.297 billion, showing a slight increase of 0.7%[12] - BD Interventional segment revenue reached $1.257 billion, reflecting a 5.8% increase[12] - Revenues for the three months ended December 31, 2024, were $5,168 million, representing a 9.8% increase compared to $4,706 million in the same period of 2023[31] - Total revenues for the three months ended December 31, 2024, were $5,168 million, representing a 9.8% increase compared to $4,706 million in 2023[38] - BD Medical segment revenues increased to $2,615 million, up 17.3% from $2,230 million in the prior year[41] - Organic revenue for BD Medical was $2,343 million, reflecting a 5.1% growth compared to $2,230 million in 2023[41] - BD Life Sciences reported total revenues of $1,297 million, a slight increase of 0.7% from $1,288 million in the previous year[38] Earnings and Guidance - GAAP diluted EPS was $1.04, an increase of 8.3%, while adjusted diluted EPS grew by 28.0% to $3.43[4] - BD increased its FY25 adjusted diluted EPS guidance to a range of $14.30 to $14.60, reflecting a growth of approximately 10% at the midpoint[15] - Reported diluted earnings per share for the three months ended December 31, 2024, were $1.04, an increase of 8.3% from $0.96 in 2023[44] - Adjusted diluted earnings per share rose to $3.43, marking a 28.0% increase from $2.68 in the same period last year[44] - For FY 2025, BD expects reported revenue growth of 7.9% to 8.4%, with organic revenue growth projected at 4.0% to 4.5%[47] - The company anticipates total revenues for FY 2025 to be approximately $21.7 to $21.9 billion[49] Costs and Expenses - Research and development expenses rose by 18.2% to $343 million, compared to $290 million in the previous year[31] - Total operating costs and expenses increased by 10.5% to $4,715 million, up from $4,267 million in the prior year[31] - The company incurred $67 million in accruals impacting revenues due to recent developments related to Italian government medical device payback legislation[54] - A charge of $38 million was recorded to cost of products sold for future product remediation efforts[54] - The company recognized a $175 million charge related to an estimated liability for an SEC investigation concerning reporting issues with BD Alaris infusion pumps[54] - Costs associated with the Advanced Patient Monitoring acquisition included transaction costs recorded in integration and restructuring expenses[52] - Significant costs were incurred to comply with the European Union Medical Device Regulation, categorized as one-off costs limited to a specific period[53] - Integration and restructuring activities resulted in additional costs that impacted overall financial performance[51] - The separation of BD's former Diabetes Care business incurred costs recorded in other operating expenses[52] Cash Flow and Assets - Cash and equivalents decreased to $711 million from $1,717 million at the end of the previous quarter[32] - Total assets decreased to $54,665 million from $57,286 million in the prior quarter[32] - The company generated $693 million in net cash from operating activities, down from $855 million in the same period last year[33] Strategic Initiatives - The company announced plans to separate Biosciences and Diagnostic Solutions to enhance growth and innovation in their respective markets[2] - The BD Onclarity™ HPV Assay was added to the ASCCP guidelines, enhancing its market position in cervical cancer screening[11] - The Advanced Patient Monitoring unit, newly integrated into BD Medical, contributed to the overall revenue growth but was not reported in the previous year[39] Legal and Compliance Issues - Legal matters and asset impairment charges have affected the company's financial results, reflecting unusual operational impacts[54] - The company is focused on developing processes for compliance with new regulatory frameworks, impacting research and development expenses[53] - The company recorded certain income and expense items affecting comparability, including product remediation costs and legal matters[54]
BD Reports First Quarter Fiscal 2025 Financial Results
Prnewswire· 2025-02-05 21:30
Company Delivers Revenue, Margin and Earnings Ahead of its Expectations Revenue of $5.2 billion increased 9.8% as reported, 9.6% currency-neutral and 3.9% organic GAAP and adjusted diluted EPS of $1.04 and $3.43 grew 8.3% and 28.0%, respectively BD completes $750 million share repurchase to date in FY25 Company increases FY25 adjusted diluted EPS guidance at the midpoint while absorbing translational currency1FRANKLIN LAKES, N.J., Feb. 5, 2025 /PRNewswire/ -- BD (Becton, Dickinson and Company) (NYSE: BDX), ...
BD Announces Intent to Separate Biosciences and Diagnostic Solutions Business to Enhance Focus, Drive Growth and Unlock Value
Prnewswire· 2025-02-05 21:30
Compelling opportunity expected to unlock substantial value through enhanced focus, tailored investment and capital allocation, and optimized market valuation "New BD," built on momentum of BD 2025 strategy, will be well-positioned as a scaled, pure-play MedTech leader focused on attractive categories shaping the future of health care Biosciences and Diagnostic Solutions to realize its full market potential as differentiated leader in Life Sciences Tools and Diagnostics, with robust innovation pipeline an ...
Can Sustained Product Demand Drive BDX Stock Before Q1 Earnings?
ZACKS· 2025-02-03 17:50
Becton Dickinson and Company (BDX) , popularly known as BD, is scheduled to report first-quarter fiscal 2025 results on Feb. 6, before market open.See the Zacks Earnings Calendar to stay ahead of market-making news.In the last reported quarter, the company’s earnings per share (EPS) of $3.81 surpassed the Zacks Consensus Estimate by 1.1%. Over the trailing four quarters, its earnings outperformed the Zacks Consensus Estimate on all occasions, delivering an earnings surprise of 6.5%, on average.Let’s check o ...
Insights Into Becton Dickinson (BDX) Q1: Wall Street Projections for Key Metrics
ZACKS· 2025-02-03 15:21
Analysts on Wall Street project that Becton Dickinson (BDX) will announce quarterly earnings of $2.98 per share in its forthcoming report, representing an increase of 11.2% year over year. Revenues are projected to reach $5.1 billion, increasing 8.4% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this ...
Becton Dickinson (BDX) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2025-01-30 16:07
Becton Dickinson (BDX) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Febr ...
BD Board Declares Dividend, Authorizes 10 Million Additional Share Repurchases; BD Completed $750 Million Repurchase to Date in FY25
Prnewswire· 2025-01-28 21:15
Group 1 - The Board of Directors of BD has declared a quarterly dividend of $1.04 per common share, with an annual dividend rate of $4.16 per share [1] - BD has repurchased $750 million in stock to date in fiscal 2025 and has authorized the repurchase of up to 10 million additional shares [2] - The company is one of the largest global medical technology firms, focusing on improving medical discovery, diagnostics, and care delivery [3] Group 2 - BD employs over 70,000 individuals and is committed to enhancing the safety and efficiency of healthcare delivery [3] - The company collaborates with organizations worldwide to tackle significant global health challenges [3] - BD aims to improve outcomes, lower costs, increase efficiencies, and expand access to healthcare through innovative technology and solutions [3]