BMY Earnings

BMY reported its earnings on 2026-04-30, showcasing a revenue of 11.49B against an estimate of 10.94B, resulting in a 5.02% surprise. The EPS was 1.58, surpassing the expected 1.44 by 9.72%. The stock experienced a 5.21% price change on the earnings day and a -1.11% change over the next five days, reflecting market reactions to the results.

Following BMY's earnings announcement on 2026-04-30, the stock price moved by 5.21% on the day of the release. Over the subsequent five days, it saw a -1.11% change. Historically, BMY's stock price tends to shift by an average of -0.26% in the 10 days leading up to earnings and 0.51% in the 10 days following, providing insight into potential market.

For 2026/Q2, analysts estimate BMY's annual revenue to reach 11.35B, while the EPS is projected at 1.59. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between BMY's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, BMY's stock price typically moves by -0.26% in the 10 days before its earnings and 0.51% in the 10 days after. For the upcoming 2026/Q2 earnings, analysts expect an EPS of 1.59 and revenue of 11.35B.

The earnings call highlights several negative factors: a 3% decline in revenue, a decrease in gross margin, and a 10% drop in net income. Despite strategic initiatives and revenue growth expectations, the financial performance is weak, with increased R&D expenses and competitive pressures. Regulatory hurdles and market conditions pose additional risks. The lack of clarity in management responses during the Q&A further adds uncertainty. These factors suggest a negative sentiment, likely resulting in a stock price decline of -2% to -8% over the next two weeks.