Shares of PerkinElmer PKI moved higher by 0.1% in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share rose 193.33% over the past year to $3.96, which beat the estimate of $3.00.
Revenue of $1,355,000,000 higher by 68.22% year over year, which beat the estimate of $1,220,000,000.
Guidance
PerkinElmer Sees Q1 Adj. EPS $3.00+ vs $2.40 Est., Sales $1.19B+ vs $1.1B Est.; Sees FY21 Adj. EPS $8.50+ vs $8.88 Est., Sales $4.08B+ vs $4.17B Est.
Conference Call Details
Date: Feb 02, 2021
Time: 05:00 PM
ET Webcast URL: https://edge.media-server.com/mmc/p/hemakjuy
Technicals
52-week high: $162.70
Company's 52-week low was at $62.91
Price action over last quarter: Up 18.10%
Company Overview
PerkinElmer provides instruments, tests, services, and software solutions to the pharmaceutical, biomedical, chemical, environmental, and general industrial markets. The company operates in two segments: diagnostics, which includes prenatal screening and infectious-disease testing, and discovery and analytical solutions, composed of life science, industrial, environmental, and food applications. PerkinElmer offers products and services ranging from genetic screening to environmental analytical tools.
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