Becton Dickinson Remains Neutral
We reiterate our Neutral recommendation on Becton, Dickinson and Company (NYSE:BDX). Earnings for the second quarter matched the Zacks Consensus Estimate of $1.38. Becton, Dickinson recorded second quarter revenues of $1,991 million, up 3.6% (or 4.6% in constant currency) year over year, surpassing the Zacks Consensus Estimate of $1,942 million. The company is pursuing a [...]
We reiterate our Neutral recommendation on Becton, Dickinson and Company (NYSE:BDX). Earnings for the second quarter matched the Zacks Consensus Estimate of $1.38. Becton, Dickinson recorded second quarter revenues of $1,991 million, up 3.6% (or 4.6% in constant currency) year over year, surpassing the Zacks Consensus Estimate of $1,942 million.
The company is pursuing a number of key product initiatives. It will launch several products before the end of fiscal 2013.
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