Bristol Myers Squibb Non-GAAP EPS of $1.93 beats by $0.12, revenue of $11.9B beats by $400M, cuts FY22 outlook

Jul. 27, 2022 7:02 AM ETBristol-Myers Squibb Company (BMY)By: Gaurav Batavia, SA News Editor36 Comments
  • Bristol Myers Squibb press release (NYSE:BMY): Q2 Non-GAAP EPS of $1.93 beats by $0.12.
  • Revenue of $11.9B (+1.7% Y/Y) beats by $400M.
  • Delivers Robust Revenue Growth of 11% from In-Line Products and New Product Portfolio; or 16% When Adjusted for Foreign Exchange
  • FY22 Outlook: Total net sales of $46B from prior outlook of $47B vs. $46.29B consensus
  • Adj. EPS of $7.44-$7.74 from prior outlook of $7.65-$7.95 vs. $7.47 consensus
  • Shares -0.9% PM.

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