PerkinElmer (PKI) Tops Q2 EPS by 1c, Approves 8M Share Buyback

PerkinElmer (NYSE: PKI) reported Q2 EPS of $0.67, $0.01 better than the analyst estimate of $0.66. Revenue for the quarter came in at $572.2 million versus the consensus estimate of $575.3 million.

• Reiterates Financial Guidance – Full Year 2016

For the full year 2016, the Company reiterates its previous guidance of GAAP earnings per share from continuing operations in the range of $2.29 to $2.39 and on a non-GAAP basis, which is expected to include the adjustments noted in the attached reconciliation, adjusted earnings per share of $2.75 to $2.85.

• Announces new eight million share repurchase authorization

For earnings history and earnings-related data on PerkinElmer (PKI) click here.

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