Bruker Corp. (BRKR: Quote) 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.
Click here to receive FREE breaking news email alerts for Bruker Corporation and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com