Revvity Inc reports results for the quarter ended December 31 - Earnings Summary

• Revvity Inc RVTY.N reported quarterly adjusted earnings of $1.42​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.25. The mean expectation of nineteen analysts for the quarter was for earnings of $1.37 per share. Wall Street expected results to range from $1.32 to $1.39 per share.

• Revenue rose 4.8% to $729.37 million from a year ago; analysts expected $727.90 million.

• Revvity Inc's reported EPS for the quarter was 78 cents​.

• The company reported quarterly net income of $96.65 million.

• Revvity Inc shares had risen by 13.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Revvity Inc is $136.00

This summary was machine generated from LSEG data January 31 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)