PerkinElmer Reports Q4 Adj. EPS Of $0.85 - Quick Facts

(RTTNews) - PerkinElmer, Inc. (PKI) reported fourth-quarter income from continuing operations of $31.31 million or $0.28 per share, compared to $73.46 million or $0.65 per share, prior year. Adjusted earnings per share was $0.85, for the quarter.

On average, 18 analysts polled by Thomson Reuters expected the company to report profit per share of $0.78 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $608.39 million from $591.87 million last year. Adjusted revenue for the quarter grew 3% to $608.6 million. Analysts expected revenue of $600.53 million for the quarter.

For the full year 2015, the company forecasts GAAP earnings per share from continuing operations in the range of $2.04 to $2.10 and on a non-GAAP basis, adjusted earnings per share of $2.58 to $2.64. Analysts expect the company to report 2015 earnings per share of $2.64.