Bio-Rad Laboratories: Q4 Earnings Insights

Bio-Rad Laboratories (NYSE:BIO) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:15 PM. Here’s what…

Bio-Rad Laboratories (NYSE:BIO) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:15 PM.

Here’s what investors need to know about the announcement.

Earnings

Bio-Rad Laboratories beat estimated earnings by 9.93%, reporting an EPS of $3.1 versus an estimate of $2.82.

Revenue was down $49.10 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.45 which was followed by a 7.15% drop in the share price the next day.

Here’s a look at Bio-Rad Laboratories’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 2.78 2.55 3.54 3.45
EPS Actual 2.33 3 3.34 3.31
Revenue Estimate 689.57M 687.88M 689.83M 742.25M
Revenue Actual 632.12M 681.10M 676.84M 730.29M

To track all earnings releases for Bio-Rad Laboratories visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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