Becton falls on CFO exit, preliminary Q4 revenue miss
RefinitivLess than 1 min read
** Medical device maker Becton Dickinson's BDX shares fall 2.7% to $181.78 during market open
** Co's CFO Chris DelOrefice to leave on December 5 to pursue new opportunity; search for permanent successor underway
** Co names Vitor Roque, senior VP of finance, interim CFO
** BDX says vaccine-related devices and academic research demand were weaker than expected
** Co reports preliminary Q4 revenue of $5.9 billion vs analysts' estimate of $5.91 billion - data compiled by LSEG
** RBC analysts say preliminary results came in slightly below the low end of the company's outlook
** Brokerage J.P.Morgan says challenges in Pharma Systems and Biosciences have continued to be less transient than hoped for
** Including session moves, stock down ~18% YTD
Login or create a forever free account to read this news