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Rashmi Kumari

What You Need to Know Ahead of Bio-Rad Laboratories' Earnings Release

Based in Hercules, California, Bio-Rad Laboratories, Inc. (BIO) is a prominent life science player known for its innovative products and solutions that advance scientific research and clinical diagnostics. With a market cap of $8.57 billion, Bio-Rad Laboratories is renowned for its contributions to enhancing laboratory efficiency and accuracy through state-of-the-art technologies. The company is set to announce its fiscal Q2 earnings results after the market closes on Thursday, Aug. 1.

Ahead of the event, analysts expect BIO to report a profit of $2.12 per share, down 29.3% from $3 per share in the year-ago quarter. In the last four quarters, the company has surpassed Wall Street’s bottom-line estimates in three and missed on another occasion.

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