NEW YORK CITY (dpa-AFX) - Bristol-Myers Squibb Co. (BMY) revealed a profit for its second quarter that gained ground from last year.
The company said its bottom line rose to $1.16 billion, or $0.69 per share. This was higher than $0.89 billion, or $0.53 per share, in last year's second quarter.
Analysts had expected the company to earn $0.67 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 17.1% to $4.87 billion. This was up from $4.16 billion last year.
Bristol-Myers Squibb Co. earnings at a glance:
-Earnings (Q2): $1.16 Bln. vs. $0.89 Bln. last year. -Earnings Growth (Y-o-Y): 30.3% -EPS (Q2): $0.69 vs. $0.53 last year. -EPS Growth (Y-o-Y): 30.2% -Analysts Estimate: $0.67 -Revenue (Q2): $4.87 Bln vs. $4.16 Bln last year. -Revenue Change (Y-o-Y): 17.1%
-Guidance: Full year EPS guidance: $2.55 - $2.65
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