Bristol Myers climbs after forecasting upbeat 2026 profit

Bristol-Myers Squibb Co

05/02/2026 12:19

** Shares of drugmaker Bristol Myers Squibb BMY.N rise 3.5% to $59.56 premarket

** Co forecasts annual adj. profit between $6.05 and $6.35 per share, above analysts' estimate of $6.02 - LSEG data

** BMY reports Q4 adj. profit of $1.26/share vs analysts' estimate of $1.12/share

** Co's quarterly revenue of $12.5 billion beats analysts' expectation of $12.28 billion

** Up to last close, stock down 2.5% in the last 12 months

 (Reporting by Christy Santhosh)

 ((Christy.Santhosh@thomsonreuters.com))