C R Bard Inc (BCR) reported quarterly earnings results on Wednesday, Apr-27-2016. The company said it had a profit of $2.34 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.17. Analysts had a consensus of $2.17. The company posted revenue of $873.50 million in the period, compared to analysts expectations of $847.53 million. The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.10 EPS.
Many Wall Street Analysts have commented on C R Bard Inc. C R Bard Inc was Initiated by Nomura to “Neutral” on Mar 17, 2016.
C R Bard Inc opened for trading at $207.53 and hit $208.84 on the upside on Friday, eventually ending the session at $207.23, with a gain of 0.10% or 0.21 points. The heightened volatility saw the trading volume jump to 4,02,988 shares. Company has a market cap of $15,280 M.
In a different news, on Mar 30, 2016, Christopher S Holland (Senior Vice President and CFO) sold 1,650 shares at $200.00 per share price. According to the SEC, on Feb 26, 2016, Jim C Beasley (Group President) sold 1,113 shares at $195.27 per share price. On Feb 18, 2016, Timothy M Ring (Chairman and CEO) sold 2,453 shares at $187.62 per share price, according to the Form-4 filing with the securities and exchange commission.
C. R. Bard Inc. (Bard) and its subsidiaries are engaged in the design manufacture packaging distribution and sale of medical surgical diagnostic and patient care devices. . The Company reports its sales in four major product group categories: vascular urology oncology and surgical specialty. The Company also has a product group of other products. The Company’s vascular products cover a range of minimally invasive devices for the treatment of peripheral vascular disease and heart arrhythmias. Its urology products include basic urology drainage products fecal and urinary continence products urological specialty products and Targeted Temperature Management products. Its oncology products cover a range of devices used in the treatment and management of various cancers and other diseases and disorders. Its surgical specialty products include implanted patches and fixation devices for hernia and other soft tissue repairs in addition to hemostats and surgical sealants.