logo
Share SHARE
FONT-SIZE Plus   Neg

Bruker Q4 Profit Climbs - Quick Facts

Bruker Corp. (BRKR) Wednesday reported a higher fourth-quarter profit of $39.1 million, or $0.23 per share, compared to the previous year's $29.3 million, or $0.18 per share. Adjusted earnings were $51.0 million, or $0.31 per share, climbing from $47.1 million, or $0.28 per share a year ago.

Ten analysts polled by Thomson Reuters estimated earnings of $0.29 per share. Analysts' estimates usually exclude special items.

Revenues for the period jumped to $475.1 million from 2010's $416.1 million, or 12.2 percent excluding acquisitions and currency translation effects. Ten analysts polled by Thomson Reuters estimated revenues of $468.60 million.

Looking ahead, the company forecast 2012 adjusted earnings between $0.94 and $0.98 per share, on revenues in the range of $1.76 billion to $1.81 billion. Analysts' estimates currently expect earnings of $0.96 per share, on revenues of $1.75 billion.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
U.S. food maker Kraft Heinz Co., which had offered $143 billion in cash and stock to buy Anglo-Dutch consumer goods company Unilever, Sunday said it has amicably agreed to withdraw its proposal for a combination of the two companies. Dairy giant Saputo Inc. is voluntarily recalling certain Gouda cheese products in the U.S. due to potential listeria contamination. Saputo said one of its suppliers, Deutsch Kase Haus, LLC of Middlebury, Indiana, notified the company that some specialty Gouda cheese products that it supplied to Saputo's Green Bay, Wisconsin facility may have been contaminated with Listeria monocytogenes. Amazon is exploring the possibility of using parachutes to drop drone-delivered packages. The e-commerce giant has been granted a patent titled, "Maneuvering a package following in-flight release from an unmanned aerial vehicle".
comments powered by Disqus
Follow RTT