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-0.00111957008508742 -0.00223914017017468 0.000223914017017421 0.000671742051052421 0.000111957008508631 -0.00291088222122711 0.00604567845947147 0.000447828034034841
Stock impact report

Bristol-Myers (BMY) Q1 Loss Narrower Than Expected, Sales Beat [Yahoo! Finance]

Bristol-Myers Squibb Company (BMY) 
Last bristol-myers squibb company earnings: 2/6 07:05 am Check Earnings Report
US:NYSE Investor Relations: bms.com/investors.html
Company Research Source: Yahoo! Finance
In the year-ago quarter, BMY posted adjusted earnings per share of $2.05. The year-over-year deterioration can be attributed to higher acquired IPRD costs, reflecting the impact of recent acquisitions and an increase in operating expenses. The bottom-line was also negatively impacted due to higher interest expenses resulting from new debt issuance to fund recent acquisitions. Total revenues of $11.9 billion surpassed the Zacks Consensus Estimate of $11.4 billion. Revenues also increased 5% from the year-ago period's level, primarily driven by Eliquis, Reblozyl and Opdualag's encouraging performance. However, this was partially offset by a decline in the sales of Opdivo and Revlimid. The stock is trading down following the quarterly earnings release. The company's shares have lost 4.8% year to date compared with the industry's decline of 9.4%. Image Source: Zacks Investment Research Quarterly Details Revenues increased 7% to $8.5 billion in the United States due to higher Show less Read more
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