PerkinElmer, Inc. (NYSE:PKI) is reporting second quarter earnings results on Tuesday 28th July 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.88 per share from $ 726.35 million in revenue.
For the full year, analysts predict revenues of $ 3004.10 million, while looking forward to income of $ 4.20 per share.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 610.00 million ~ $ 720.00 million
Full Year 2020 topline are forecasted in a range of$ 3,050.00 million ~ $ 3,090.00 million, where as bottomline are predicted in a range of $ 4.50 ~ $ 4.60 per share
Click Here For More Historical Outlooks Of PerkinElmer, Inc.
Previous Quarter Performance
PerkinElmer, Inc. outlined income for the first quarter of $ 0.67 per share, from the revenue of $ 652.40 million. The quarterly earnings shrunk 2.90 percent while revenues raised 1.13 percent compared with the same quarter last year.
According to street consensus, PKI was expected to report 1Q20 income of $ 0.55 per share from revenue of $ 652.71 million. The bottom line results beat street analysts by $ 0.12 or 21.82 percent, at the same time, top line results fell short of analysts by $ 0.31 million or 0.05 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of PKI was $ 114.97, representing a 82.75 % increase from the 52 week low of $ 62.91 and a 0.39 % decrease over the 52 week high of $ 115.42.
The company has a market capital of $ 12.81 billion and is part of the Healthcare sector and Diagnostics & Research industry.
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Recent Stock Dividend Announcement
On April 30, 2020, the board of directors authorized quarterly dividend of $ 0.07 per share to holders of record as of the close of business on July 17, 2020, with payment date of August 7, 2020 and ex-dividend date on July 16, 2020.
Conference Call
PerkinElmer, Inc. will be hosting a conference call at 5:00 PM eastern time on 28th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.perkinelmer.com
PerkinElmer, Inc. provides products, services, and solutions to the diagnostics, life sciences, and applied services markets worldwide. The company operates in two segments, Discovery & Analytical Solutions and Diagnostics.
