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Compared to Estimates, Bruker (BRKR) Q2 Earnings: A Look at Key Metrics
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For the quarter ended June 2024, Bruker (BRKR - Free Report) reported revenue of $800.7 million, up 17.4% over the same period last year. EPS came in at $0.52, compared to $0.50 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $796.23 million, representing a surprise of +0.56%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.52.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Bruker performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Organic revenue growth - Total
: 7.4% compared to the 6.9% average estimate based on three analysts.
Organic revenue growth - Bruker Scientific Instruments (BSI)
: 8.6% versus the two-analyst average estimate of 7.7%.
Organic revenue growth - Bruker Energy & Supercon Tech (BEST)
: -2.8% versus the two-analyst average estimate of 4.4%.
Revenue- Eliminations
: -$4 million compared to the -$5.16 million average estimate based on three analysts. The reported number represents a change of -21.6% year over year.
Revenue- Bruker Energy & Supercon Technologies (BEST)
: $69.10 million versus the three-analyst average estimate of $78.32 million. The reported number represents a year-over-year change of -5%.
Shares of Bruker have returned +2.2% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Bruker (BRKR) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2024, Bruker (BRKR - Free Report) reported revenue of $800.7 million, up 17.4% over the same period last year. EPS came in at $0.52, compared to $0.50 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $796.23 million, representing a surprise of +0.56%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.52.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Bruker performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Bruker here>>>Organic revenue growth - Total
: 7.4% compared to the 6.9% average estimate based on three analysts.Organic revenue growth - Bruker Scientific Instruments (BSI)
: 8.6% versus the two-analyst average estimate of 7.7%.Organic revenue growth - Bruker Energy & Supercon Tech (BEST)
: -2.8% versus the two-analyst average estimate of 4.4%.Revenue- Eliminations
: -$4 million compared to the -$5.16 million average estimate based on three analysts. The reported number represents a change of -21.6% year over year.Revenue- Bruker Energy & Supercon Technologies (BEST)
: $69.10 million versus the three-analyst average estimate of $78.32 million. The reported number represents a year-over-year change of -5%.Shares of Bruker have returned +2.2% over the past month versus the Zacks S&P 500 composite's -6.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.