BDX - Becton Dickinson reports Q1 earnings beat; raises FY23 guidance

• Becton, Dickinson press release ( NYSE: BDX ): Q1 Non-GAAP EPS of $2.98 beats by $0.30 .
• Revenue of $4.6B (-2.5% Y/Y) beats by $10M .
• Company raises full-year revenue and adjusted EPS guidance: The company now expects fiscal year 2023 revenues to be in the range of approximately $19.1 billion to $19.3 billion vs. consensus of $18.91B compared to $18.6 billion to $18.8 billion previously announced.
• The company now expects fiscal year 2023 adjusted diluted EPS to be $12.07 to $12.32 vs. consensus of $11.97 compared to $11.85 to $12.10 previously announced, which is an increase of $0.22 at the mid-point. On a currency-neutral basis, continue to expect adjusted diluted EPS growth of approximately 9% to 11%.

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