Ciara Linnane is MarketWatch's investing- and corporate-news editor. She is based in New York.
Bristol-Myers Squibb Co. BMY, +0.87% on Thursday posted net income of $1.928 billion, or 93 cents a share, for the third quarter, up from $1.606 billion, or 75 cents a share, in the year-earlier period. Adjusted per-share earnings came to $2.00, ahead of the $.176 FactSet consensus. Revenue fell to $10.966 billion from $11.
218 billion a year ago, but also beat the $10.955 billion FactSet consensus. The company raised the midpoint of its full-year adjusted EPS guidance to a range of $7.60 to $7.65, while FactSet is expecting $7.36. Sales are expected to rise in the low single-digits, unchanged from earlier guidance. The stock has fallen 21% in the year to date, while the S&P 500 SPX, -1.43% has gained 9%.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Bristol Myers says it needs another year to hit target for new drugsDrugmaker Bristol Myers Squibb (BMY.N) on Thursday pushed back by a year the time frame for its current new-product portfolio to hit $10 billion in sales as the ramp-up of new drugs including anemia treatment Reblozyl, psoriasis drug Sotyktu, and multiple sclerosis drug Zeposia takes longer than expected.
Lire la suite »
Report shows 1 in 10 live below poverty line in San DiegoCiara Encinas joined the ABC 10News team in December 2021 as a multimedia journalist.
Lire la suite »
Turning Michael Myers Into a Supernatural Cult Monster Made Him Less ScaryHalloween: The Curse of Michael Myers introduces the Cult of Thorn and tries to give the iconic killer an unneeded backstory.
Lire la suite »
De La Ghetto, Bryant Myers, Luar La L & YOVNGCHIMI Debut on Hot 100All 21 songs from Bad Bunny’s new LP chart on the Hot 100.
Lire la suite »
Longtime fisherman reflects on his career in Bristol BayDan Barr is eighty-one and a half years old. He fished Bristol Bay for just about half his life.
Lire la suite »
Famous birthdays list for October 25, 2023 includes celebrities Craig Robinson, CiaraCraig Robinson and Ciara share a birthday today. Check out our photo slideshow of celebrities and other famous people with birthdays on October 25, 2023 and find out a fun fact about each person.
Lire la suite »