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PerkinElmer (PKI) reported a profit for its second quarter that climbed from the same period last year.


RTTNews | Jul 26, 2021 06:38AM EDT

06:37 Monday, July 26, 2021 (RTTNews.com) - PerkinElmer (PKI) reported a profit for its second quarter that climbed from the same period last year.

The company's earnings came in at $245.93 million, or $2.19 per share. This compares with $137.16 million, or $1.23 per share, in last year's second quarter.

Analysts had expected the company to earn $2.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 51.9% to $1.23 billion from $0.81 billion last year.

PerkinElmer earnings at a glance:

-EPS (Q2): $2.83 vs. $1.57 last year.-Analysts Estimate: $2.41-Revenue (Q2): $1.23 Bln vs. $0.81 Bln last year.

-Guidance:Next quarter EPS guidance: $1.62Next quarter revenue guidance: $1.00 BlnFull year EPS guidance: $9.88Full year revenue guidance: $4.57 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3211736/perkinelmer-q2-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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