FRANKLIN LAKES, N.J. (AP) _ Becton Dickinson and Co. (BDX) on Thursday reported fiscal first-quarter profit of $677 million.

The Franklin Lakes, New Jersey-based company said it had profit of $2.28 per share. Earnings, adjusted for one-time gains and costs, were $3.64 per share.

The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.86 per share.

The medical device manufacturer posted revenue of $5 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $4.77 billion.

Becton Dickinson expects full-year earnings in the range of $12.80 to $13 per share, with revenue in the range of $19.55 billion to $19.75 billion.

Becton Dickinson shares have climbed 2% since the beginning of the year, while the S&P's 500 index has climbed 22%. The stock has declined nearly 1% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BDX at https://www.zacks.com/ap/BDX

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