Becton Dickinson — Aug 7, 2025 release

This reflects strong Q3 operating performance and incremental investments in selling and marketing in Q4. The company reaffirmed its organic revenue growth guidance of 3.0% to 3.5%. For the full fiscal year, the company now estimates the impact of translational foreign currency to be an increase of approximately $10 million to revenue year over year and about neutral to adjusted EPS. Fiscal 2025 Guidance as of August 7, 2025 Fiscal 2025 Guidance as of May 1, 2025 GAAP Revenues ~$21.8 to $21.9 billion ~$21.8 to $21.9 billion GAAP Revenue Growth 8.2% to 8.7% 8.0% to 8.5% Adjusted Revenue Growth (FXN) 7.8% to 8.3% 7.8% to 8.3% Organic Revenue Growth (FXN) 3.0% to 3.5% 3.0% to 3.5% Adjusted Diluted EPS $14.30 to $14.45 $14.06 to $14.34 Adjusted Diluted EPS Growth 8.8% to 10.0% ~7.0% to 9.1% BD's outlook for fiscal 2025 reflects numerous assumptions about many factors that could affect its business, based on the information management has reviewed as of this date. Management will discuss its outlook and several of its assumptions on its third fiscal quarter earnings call. The company's expected adjusted diluted EPS for fiscal 2025 excludes potential charges or gains that may be recorded during the fiscal year, such as, among other things, the non-cash amortization of intangible assets, acquisition-related charges, separation-related costs, and certain tax matters. BD does not attempt to provide reconciliations of forward-looking adjusted diluted non-GAAP EPS guidance to the comparable GAAP measure because the impact and timing of