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Bristol Myers Squibb Tops Earnings Estimates, Boosted by New Drug Sales
BMYBristol-Myers Squibb(BMY) Investopedia·2024-02-03 01:50

Key TakeawaysBristol Myers Squibb beat profit and sales estimates as the pharmaceutical firm's new drugs drove sales.The company also posted 2024 earnings guidance above analysts' estimates.Shares of Bristol Myers Squibb edged higher in intraday trading Friday, but have lost nearly 40% of their value since hitting an all-time high in December 2022.Bristol Myers Squibb (BMY) shares edged 0.7% higher in intraday trading Friday after posting better-than-expected results and guidance as it benefited from the ad ...