Investing.com - PerkinElmer (NYSE:PKI) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PerkinElmer announced earnings per share of $2.56 on revenue of $1.36B. Analysts polled by Investing.com anticipated EPS of $2.27 on revenue of $1.29B.
PerkinElmer shares are down 18% from the beginning of the year, still down 14.22% from its 52 week high of $203.16 set on December 31, 2021. They are under-performing the Nasdaq which is down 8.3% from the start of the year.
PerkinElmer shares gained 0.41% in after-hours trade following the report.
PerkinElmer follows other major Healthcare sector earnings this month
PerkinElmer's report follows an earnings beat by J&J on January 25, who reported EPS of $2.13 on revenue of $24.8B, compared to forecasts EPS of $2.12 on revenue of $25.28B.
UnitedHealth had beat expectations on January 19 with fourth quarter EPS of $4.48 on revenue of $73.74B, compared to forecast for EPS of $4.3 on revenue of $72.98B.
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