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PerkinElmer Sees Q3 Adj. EPS To Exceed Prior Guidance
(RTTNews) - PerkinElmer, Inc. (PKI) announced Monday that it anticipates organic revenue growth, non-COVID organic revenue growth, and adjusted earnings per share for the third quarter to exceed its prior guidance.
Total revenue is expected to be near the high end of the range of prior guidance due to larger than expected headwinds from foreign exchange.
For the third quarter, the company had expected adjusted earnings in the range of $1.40 to $1.45 per share on revenues between $1.02 billion and $1.03 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.44 per share on revenues of $1.01 billion for the quarter. Analysts' estimates typically exclude special items.
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PerkinElmer Boosts FY22 Adj. EPS Outlook As Q3 Results Top Estimates
While reporting financial results for the third quarter on Tuesday, healthcare company PerkinElmer, Inc. (PKI) raised its adjusted earnings, while trimming pro forma revenue guidance for the full-year 2022. The company also provided outlook for the fourth quarter.
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Australian Market Significantly Higher
The Australian stock market is trading significantly higher on Friday, adding to the gains in the previous seven sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains across most sectors led by mining, financial and technology stocks.
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Renewed Support Anticipated For China Stock Market
The China stock market on Thursday halted the three-day winning streak in which it had jumped almost 65 points or 1.9 percent. The Shanghai Composite Index now rests just above the 3,380-point plateau and it's tipped to open in the green on Friday.
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Higher Open Called For Taiwan Stock Market
The Taiwan stock market on Thursday snapped the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,730-point plateau although it's likely to tick higher again on Friday.
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46分钟前
Singapore Stock Market May Extend Thursday's Gains
The Singapore stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had gathered more than 30 points or 0.8 percent. The Straits Times Index now sits just above the 3,890-point plateau and it may add to its winnings on Friday.
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Japan GDP Slips 0.2% On Quarter In Q1
The Japanese economy contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Cabinet Office said on Friday - missing expectations for a decline of 0.1 percent following the 0.6 percent gain in the three months prior.
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Malaysia Shares May Bounce Higher Again On Friday
The Malaysia stock market on Thursday snapped the three-day winning streak in which it had risen more than 40 points or 2.7 percent. The Kuala Lumpur Composite Index now sits just above the 1,570-point plateau although it may see renewed support on Friday.
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Japan Shares Tipped To End Losing Streak
The Japanese stock market has moved lower in back-to-back sessions, dropping almost 450 points or 1.3 percent along the way. The Nikkei 225 now sits just above the 37,750-point plateau although it may find traction on Friday.
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