Investing.com - PerkinElmer (NYSE:PKI) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
PerkinElmer announced earnings per share of $1.51 on revenue of $712.01M. Analysts polled by Investing.com anticipated EPS of $1.44 on revenue of $1.02B.
PerkinElmer shares are down 35% from the beginning of the year, still down 36.29% from its 52 week high of $203.16 set on December 31, 2021.
PerkinElmer shares gained 0.17% in intra-day trade following the report.
PerkinElmer follows other major Healthcare sector earnings this month
PerkinElmer's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.89B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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