Bruker (NASDAQ:BRKR) reported its Q1 earnings results on Wednesday, May 4, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Bruker beat estimated earnings by 16.67%, reporting an EPS of $0.49 versus an estimate of $0.42.
Revenue was up $40.30 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 4.45% drop in the share price the next day.
Here's a look at Bruker's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.44 | 0.38 | 0.32 |
| EPS Actual | 0.59 | 0.63 | 0.44 | 0.44 |
| Revenue Estimate | 663.88M | 574.17M | 538.29M | 513.06M |
| Revenue Actual | 683.50M | 608.90M | 570.80M | 554.70M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Bruker management provided guidance for FY 2022, expecting earnings between $2.29 and $2.33 per share.
To track all earnings releases for Bruker visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
