Investing.com - PerkinElmer (NYSE:PKI) reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PerkinElmer announced earnings per share of $2.42 on revenue of $1.23B. Analysts polled by Investing.com anticipated EPS of $2.02 on revenue of $1.2B.
PerkinElmer shares are down 23% from the beginning of the year, still down 24.61% from its 52 week high of $203.16 set on December 31, 2021. They are under-performing the S&P 500 which is down 13.34% from the start of the year.
PerkinElmer follows other major Healthcare sector earnings this month
PerkinElmer's report follows an earnings beat by UnitedHealth on July 15, who reported EPS of $5.57 on revenue of $80.33B, compared to forecasts EPS of $5.21 on revenue of $79.68B.
J&J had beat expectations on July 19 with second quarter EPS of $2.59 on revenue of $24.02B, compared to forecast for EPS of $2.54 on revenue of $23.77B.
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