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Bristol-Myers Squibb Faces Mixed Q3 Results Amid Rising Costs

10/27/2025

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Story summary
  • Bristol-Myers Squibb is expected to report mixed third-quarter results, with Opdivo and Reblozyl driving sales at $2.43 billion and $583 million, respectively, per Zacks Consensus Estimates.
  • Bristol-Myers Squibb has underperformed the S&P 500 and its industry by 18.7% year-to-date, and trades at a forward P/E of 7.19.
  • Operating expenses are expected to rise in the second half of 2025 due to new investments.