PerkinElmer, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2020
January 27, 2020 at 04:15 pm
PerkinElmer, Inc. provided earnings guidance for the first quarter and full year of 2020. For the first quarter of 2020, the company forecasts GAAP revenue of $700 million. GAAP earnings per share from continuing operations of $0.33 and, on a non-GAAP basis, which is expected to include the adjustments noted in the attached reconciliation, adjusted earnings per share of $0.70.
For the full year 2020, the company forecasts GAAP revenue of $3.05 billion to $3.09 billion. GAAP earnings per share from continuing operations in a range of $2.89-$2.99 and, on a non-GAAP basis, which is expected to include the adjustments noted in the attached reconciliation, adjusted earnings per share of $4.50-$4.60.