UPDATE 1-Becton Dickinson posts higher quarterly profit

* EPS $1.30 vs estimate $1.20

* Revenue rose 12 pct to $1.92 bln

NEW YORK, Jan 28 (BestGrowthStock) – Becton Dickinson & Co (BDX.N: )
reported a rise in quarterly profit as healthy demand for its
medical and diagnostics devices drove revenue growth higher.

The maker of medical test, lab equipment and supplies
reported earnings of $316.4 million, or $1.30 per share, for
the first quarter ended on Dec. 31, compared with $312.1
million, or $1.26 per share, a year earlier.

The mean estimate on Wall Street was for a profit of $1.20
per share, according to Thomson Reuters I/B/E/S.

The company raised its 2010 revenue outlook to a gain of 7
percent, a percentage point more than it had previously
forecast. It said earnings would rise by 2 percent to 4 percent
to $5.05 to $5.15 per share, compared with a prior forecast of
an increase of 1 percent to 3 percent.

Stock Analysis
(Reporting by Chris Kaufman; Editing by Lisa Von Ahn)

UPDATE 1-Becton Dickinson posts higher quarterly profit