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Qiagen NV (QGEN) revealed earnings for its first quarter that climbed from the same period last year.


RTTNews | May 3, 2021 04:36PM EDT

16:36 Monday, May 3, 2021 (RTTNews.com) - Qiagen NV (QGEN) revealed earnings for its first quarter that climbed from the same period last year.

The company's bottom line came in at $129.22 million, or $0.66 per share. This compares with $39.83 million, or $0.34 per share, in last year's first quarter.

Excluding items, Qiagen NV reported adjusted earnings of $153.8 million or $0.66 per share for the period.

Analysts had expected the company to earn $0.63 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 52.4% to $567.21 million from $372.10 million last year.

Qiagen NV earnings at a glance:

-Earnings (Q1): $153.8 Mln. vs. $78.6 Mln. last year.-EPS (Q1): $0.66 vs. $0.34 last year.-Analysts Estimate: $0.63-Revenue (Q1): $567.21 Mln vs. $372.10 Mln last year.

-Guidance:Next quarter EPS guidance: $0.62 - $0.64Full year EPS guidance: $2.42 - $2.46

Read the original article on RTTNews ( https://www.rttnews.com/3190913/qiagen-nv-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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