Bruker Earnings Preview: Key Metrics and Analyst Expectations
Revenue Expectations:
* Q4 revenue is estimated at $966.1 million, a 13.1% increase year-over-year.
* Analysts anticipate a slowdown from the 20.6% growth recorded in Q4 last year.
Earnings Expectations:
* Adjusted earnings per share (EPS) are forecasted at $0.74.
Recent Performance:
* In the previous quarter, Bruker met revenue expectations but missed organic revenue estimates.
* EPS met analysts' estimates.
Analyst Sentiment:
* Analysts' estimates have generally remained stable over the last 30 days.
* Bruker has missed Wall Street's revenue estimates six times in the past two years.
Industry Peers:
* Waters Corporation reported a 6.5% revenue increase, exceeding estimates.
* Bio-Techne saw revenue rise by 9%, surpassing expectations.
* Bio-Techne shares gained 3.3% post-earnings.
Market Performance:
* Research tools and consumables stocks have experienced a 1% average price increase over the past month.
* Bruker's stock is down 15.6% during the same period.
Analyst Price Target:
* Bruker has an average analyst price target of $73.19.
Bruker Earnings Date:
* Results will be released tomorrow before market hours.