Earnings Preview: Becton, Dickinson

Becton, Dickinson and Co. (BDX) is expected to report Q4 earnings before market open Wednesday Nov. 4, with conference call scheduled for 10:00 am EST.

Guidance

Analysts are expecting a profit of $1.11 on revenue of $1.81B. The consensus range for EPS is $1.10 to $1.14 with a revenue range of $1.79B to $1.84B, according to First Call. For Q3, the company reported EPS $1.18 verses consensus of $1.10 and revenue $1.87B verses consensus of $1.79B.

Analyst Views

Positive drivers this quarter include growth in Advate sales and antibody therapies. Negative drivers this quarter include slowing growth in the medication delivery division and sales declines in the injectables division. On September 19, Banc of America initiated the shares with a Buy and a price target of $92.