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PerkinElmer Q1 adjusted earnings Beat Estimates

PerkinElmer (PKI) reported a profit for its first quarter that rose from last year.

The company's profit came in at $379.31 million, or $3.37 per share. This compares with $33.67 million, or $0.30 per share, in last year's first quarter.

Analysts had expected the company to earn $3.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 115.4% to $1.40 billion from $0.65 billion last year.

PerkinElmer earnings at a glance:

-Earnings (Q1): . vs. . last year.
-EPS (Q1): $3.72 vs. $0.67 last year.
-Analysts Estimate: $3.07
-Revenue (Q1): $1.40 Bln vs. $0.65 Bln last year.

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