PerkinElmer (PKI) Reports In-Line Q2 EPS, Miss on Revenues; Raises FY17 Guidance

PerkinElmer (NYSE: PKI) reported Q2 EPS of $0.67, in-line with the analyst estimate of $0.67. Revenue for the quarter came in at $547 million versus the consensus estimate of $553.96 million.

• GAAP and adjusted revenues of $547 million
• GAAP earnings per share from continuing operations of $0.57; Adjusted earnings per share of $0.67
• GAAP operating margins expand by 150 basis points; Adjusted operating margins expand by 70 basis points
• Raises full year guidance

GUIDANCE:

PerkinElmer sees FY2017 EPS of $2.84-$2.92, versus the consensus of $2.86.

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

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