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Revvity Q1 Adjusted Earnings, Revenue Down; Lowers 2024 Revenue Guidance
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Revvity Q1 Adjusted Earnings, Revenue Down; Lowers 2024 Revenue Guidance
Apr 29, 2024 4:47 AM

07:22 AM EDT, 04/29/2024 (MT Newswires) -- Revvity ( RVTY ) reported Q1 adjusted earnings Monday of $0.98 per share, down from $1.01 a year earlier.

Analysts polled by Capital IQ expected $0.94.

Revenue for the quarter ended March 31 was $649.9 million, down from $674.9 million a year earlier.

Analysts surveyed by Capital IQ expected $647.5 million.

For full year 2024, Revvity ( RVTY ) said it continues to expect adjusted EPS of $4.55 to $4.75. Analysts surveyed by Capital IQ are expecting $4.65.

Revenue for the full year is now expected to be $2.76 billion to $2.82 billion, lower than the previous outlook of $2.79 billion to $2.85 billion. An analyst polled by Capital IQ expects $2.83 billion.

Price: 101.72, Change: +0.21, Percent Change: +0.21

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