Earnings Preview For Revvity
Portfolio Pulse from Benzinga Insights
Revvity (NYSE:RVTY) is expected to release its quarterly earnings report on Thursday, 2024-02-01, with an estimated EPS of $1.16. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Revvity's stock price has shown varied reactions to earnings reports, with slight increases and decreases in share price following past announcements. Currently, shares are trading at $111.18, down 24.12% over the last 52 weeks, indicating a bearish sentiment among long-term shareholders.

January 31, 2024 | 8:02 pm
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Revvity is set to report earnings with an anticipated EPS of $1.16. Past performance shows mixed reactions to earnings results. Shares are currently down year-over-year, suggesting a bearish outlook.
The short-term impact on RVTY's stock price will likely hinge on whether the company beats the EPS estimate and provides positive future guidance. Historical data shows that the market's reaction to Revvity's earnings can be mixed, and with a recent downtrend in stock performance, investor sentiment may already be bearish. The score is neutral (0) because while an earnings beat could provide a positive impact, the existing bearish sentiment and past mixed reactions suggest that the impact may not be strongly positive or negative without clear guidance.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100