11:37 AM EDT, 07/28/2025 (MT Newswires) -- (Updates with stock movement in the headline and first paragraph.)
Revvity ( RVTY ) shares fell 9.8% in recent Monday trading after the company posted a drop in Q2 earnings.
Adjusted earnings in the three months ended June 29 fell to $1.18 a share, down from $1.22 a year earlier.
Analysts surveyed by FactSet expected $1.14.
Revenue rose to $720.3 million from $691.7 million a year earlier.
Analysts polled by FactSet expected $710.4 million.
Revvity ( RVTY ) expects 2025 adjusted EPS of $4.85 to $4.95 on revenue of $2.84 billion to $2.88 billion. The company previously projected EPS of $4.90 to $5 on revenue of $2.83 billion to $2.87 billion.
Analysts are looking for EPS of $4.93 on revenue of $2.85 billion.
Price: 93.51, Change: -10.16, Percent Change: -9.80