Bruker (NASDAQ:BRKR) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Bruker beat estimated earnings by 16.36%, reporting an EPS of $0.64 versus an estimate of $0.55.

Revenue was up $90.30 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 3.86% increase in the share price the next day.

Here's a look at Bruker's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Bruker management provided guidance for FY 2023, expecting earnings between $2.55 and $2.6 per share.

To track all earnings releases for Bruker visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.