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Bruker Q4 Profit Climbs - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

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.

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