Revvity (NYSE:PKI) reported its Q1 earnings results on Thursday, May 11, 2023 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Revvity missed estimated earnings by 4.72%, reporting an EPS of $1.01 versus an estimate of $1.06.
Revenue was down $584.13 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 1.91% drop in the share price the next day.
Here's a look at Revvity's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.62 | 1.45 | 2.02 | 2.08 |
| EPS Actual | 1.70 | 1.51 | 2.32 | 2.41 |
| Revenue Estimate | 1.04B | 1.01B | 1.20B | 1.18B |
| Revenue Actual | 1.09B | 1.03B | 1.23B | 1.26B |
To track all earnings releases for Revvity visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.