Revvity Q4 Adjusted EPS $1.25 Beats $1.16 Estimate, Sales $695.90M Beat $677.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
Revvity (NYSE:RVTY) reported Q4 adjusted EPS of $1.25, surpassing the $1.16 estimate, with sales of $695.90M also beating the $677.94M estimate. However, both earnings and sales saw a decrease compared to the same period last year.
February 01, 2024 | 11:02 am
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Revvity reported a Q4 adjusted EPS of $1.25, beating estimates, and sales of $695.90M, also above expectations. However, there's a decrease from last year's figures.
Revvity's Q4 earnings and sales beat analyst estimates, which is likely to positively impact investor sentiment in the short term. However, the year-on-year decrease in both earnings and sales might temper the positive impact. The net effect is expected to be positive but moderated by the year-on-year declines.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100