Published on 11 May 2023 on Zacks via Yahoo Finance
Revvity's (PKI) Q1 Earnings Top, '23 View Below Expectations
Revvity, Inc. PKI reported first-quarter 2023 adjusted earnings per share (EPS) of $1.01, which beat the Zacks Consensus Estimate of 99 cents by 2%. The bottom line, however, declined 56.1% from the year-ago quarter’s level.
GAAP EPS from continuing operations came in at 20 cents compared with $1.45 in the prior-year period. However, GAAP EPS was $4.50, including $4.31 per share from discontinued operation.
Discontinued Operation