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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Bristol Myers Squibb Co | NYSE:BMY | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.18 | 0.40% | 44.88 | 45.37 | 44.34 | 44.73 | 21,281,928 | 01:00:00 |
From Apr 2019 to Apr 2024
By Matt Grossman
Bristol Myers Squibb Co. Thursday raised its guidance for its full-year adjusted profit and said it expects revenue growth in 2021.
Bristol said it expects 2021 earnings of $3.12 to $3.32 a share, and full-year adjusted earnings of $7.35 to $7.55 a share. The company's previous guidance had called for an adjusted profit of $7.15 to $7.45 a share.
Analysts surveyed by FactSet had been forecasting an adjusted profit of $7.46 a share.
World-wide revenue will increase by a percentage in the high single digits, Bristol estimated. Gross margin will be approximately 80.5%. The company's gross margin in the fourth quarter of 2020 was 73.7%.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
February 04, 2021 07:40 ET (12:40 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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