WASHINGTON (dpa-AFX) - Becton, Dickinson and Company (BDX) reported that its second-quarter net income from continuing operations increased to $276.12 million or $1.39 per share from $275.12 million or $1.31 per share last year. Net income was $275.64 million or $1.39 per share, compared to $291.03 million or $1.39 per share last year.
Revenues were $2.00 billion compared to $1.93 billion prior year. Revenue growth was 3.7 percent, or 4.1 percent on a foreign currency-neutral basis.
On average, 20 analysts polled by Thomson Reuters expected the company to report profit of $1.35 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $1.99 billion for the quarter.
The company raised its guidance for the full year 2013 on revenues and earnings per share growth. On a currency-neutral basis, revenue growth is expected to be between 4.5 percent and 5.0 percent. Reported profit per share from continuing operations for fiscal year 2013 are expected to be between $5.72 and $5.75, or an increase of $0.03 from the previous guidance range. Adjusted profit per share are expected to grow 11.0 to 11.5 percent. Analysts expect the company to report fiscal 2013 profit per share of $5.71.
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