Bruker Corp reports results for the quarter ended December 31 - Earnings Summary

• Bruker Corp BRKR.OQ reported quarterly adjusted earnings of 76 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 80 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 74 cents per share. Wall Street expected results to range from 71 cents to 76 cents per share.

• Revenue rose 14.6% to $979.60 million from a year ago; analysts expected $966.35 million.

• Bruker Corp's reported EPS for the quarter was 9 cents​.

• The company reported quarterly net income of $13.7 million.

• Bruker Corp shares had fallen by 11.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 5 "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 Bruker Corp is $72.21

This summary was machine generated from LSEG data February 13 at 03:19 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)