Investing.com - PerkinElmer (NYSE:PKI) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PerkinElmer announced earnings per share of $2.41 on revenue of $1.26B. Analysts polled by Investing.com anticipated EPS of $2.11 on revenue of $1.19B.
PerkinElmer shares are down 2% from the beginning of the year, still down 24.75% from its 52 week high of $203.16 set on December 31, 2021. They are outperforming the Nasdaq which is down 19.69% from the start of the year.
PerkinElmer shares lost 0.01% in after-hours trade following the report.
PerkinElmer follows other major Healthcare sector earnings this month
PerkinElmer's report follows an earnings beat by UnitedHealth on April 14, who reported EPS of $5.49 on revenue of $80.15B, compared to forecasts EPS of $5.36 on revenue of $78.73B.
J&J had beat expectations on April 19 with first quarter EPS of $2.67 on revenue of $23.43B, compared to forecast for EPS of $2.59 on revenue of $23.62B.
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