FRANKLIN LAKES, N.J. (AP) _ Becton Dickinson and Co. (BDX) on Thursday reported a loss of $18 million in its fiscal second quarter.
The Franklin Lakes, New Jersey-based company said it had a loss of 7 cents per share. Earnings, adjusted for one-time gains and costs, came to $2.59 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.57 per share.
The medical device manufacturer posted revenue of $4.2 billion in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $4.24 billion.
Becton Dickinson expects full-year earnings in the range of $11.65 to $11.75 per share.
Becton Dickinson shares have increased 3% since the beginning of the year, while the Standard & Poor's 500 index has increased 15%. The stock has risen 5% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BDX at https://www.zacks.com/ap/BDX