Becton, Dickinson FY2023 Adj EPS Guidance $12.10-12.32 (Unchanged) vs $12.22 Est; Raises FY2023 Sales Guidance from $19.20B-19.30B to $19.30B vs $19.27B Est
Portfolio Pulse from Benzinga Newsdesk
Becton, Dickinson has raised its FY2023 sales guidance from $19.20B-$19.30B to $19.30B, reflecting increased base business earnings offset by the Surgical Implementation platform divestiture and foreign currency headwinds. The company's FY2023 adjusted EPS guidance of $12.10 to $12.32 remains unchanged.
August 04, 2023 | 12:50 pm
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POSITIVE IMPACT
Becton, Dickinson has raised its FY2023 sales guidance, which could positively impact its stock. However, the unchanged EPS guidance and foreign currency headwinds may limit this impact.
The raised sales guidance indicates strong performance, which could attract investors and drive the stock price up. However, the unchanged EPS guidance and foreign currency headwinds could limit this positive impact.
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