Becton, Dickinson shares are trading lower after the company reported mixed Q4 financial results and issued FY24 adjusted EPS and revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Becton, Dickinson and Company (BDX) reported mixed Q4 financial results and issued FY24 adjusted EPS and revenue guidance below estimates, leading to a drop in its share price.
November 09, 2023 | 1:24 pm
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Becton, Dickinson's lower than expected FY24 EPS and revenue guidance following mixed Q4 results has led to a decrease in its share price.
Becton, Dickinson's shares are trading lower due to the company's mixed Q4 financial results and its FY24 adjusted EPS and revenue guidance, which came in below estimates. This news directly impacts the company's stock price as it indicates potential future earnings weakness, which is a key factor investors consider when valuing a company.
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IMPORTANCE 80
RELEVANCE 100