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Dec 29, 2019
Revvity Q4 2019 Earnings Report
PerkinElmer reported strong Q4 2019 results, with revenue growth and increased EPS.
Key Takeaways
PerkinElmer announced its financial results for the fourth quarter and full year 2019, demonstrating strong performance. The company's Q4 revenue reached $805.5 million, reflecting a 6% reported growth and 5% organic growth. GAAP EPS from continuing operations was $0.58, while adjusted EPS reached $1.35. The company also provided FY20 GAAP EPS guidance range of $2.89 to $2.99 and adjusted EPS guidance of $4.50 to $4.60.
Q4 revenue reached $805.5 million, a 6% increase reported.
GAAP EPS from continuing operations was $0.58, and adjusted EPS was $1.35.
GAAP operating income margin was 17.2%, and adjusted operating income margin was 23.9%.
FY20 GAAP EPS guidance range is $2.89 to $2.99, and adjusted EPS guidance is $4.50 to $4.60.
Revenue by Segment
Forward Guidance
For the full year 2020, the Company forecasts GAAP revenue of $3.05 billion to $3.09 billion. GAAP earnings per share from continuing operations in a range of $2.89-$2.99 adjusted earnings per share of $4.50-$4.60. For the first quarter of 2020, the Company forecasts GAAP revenue of $700 million. GAAP earnings per share from continuing operations of $0.33 and adjusted earnings per share of $0.70.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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