Revvity Q3 Adjusted EPS $1.18 Misses $1.19 Estimate, Sales $670.74M Miss $695.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Revvity (NYSE:RVTY) reported Q3 earnings of $1.18 per share, missing the analyst consensus estimate of $1.19 by 0.84 percent. This is a 2.48 percent decrease from the same period last year. The company also reported quarterly sales of $670.74 million, missing the analyst consensus estimate of $695.50 million by 3.56 percent, a 5.77 percent decrease from the same period last year.
October 30, 2023 | 10:05 am
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Revvity's Q3 earnings and sales missed estimates, indicating a potential negative impact on the stock in the short term.
Revvity's earnings and sales for Q3 have both missed estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100