Bruker: 4Q Earnings Snapshot

AP

Print Article

BILLERICA, Mass. (AP) _ Bruker Corp. (BRKR) on Monday reported fourth-quarter net income of $78.1 million, after reporting a loss in the same period a year earlier.

The Billerica, Massachusetts-based company said it had net income of 50 cents per share. Earnings, adjusted for non-recurring costs, came to 54 cents per share.

The results met Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 54 cents per share.

The scientific equipment maker posted revenue of $553.6 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $544.5 million.

For the year, the company reported profit of $179.7 million, or $1.14 per share. Revenue was reported as $1.9 billion.

Bruker expects full-year earnings in the range of $1.54 to $1.58 per share.

Bruker shares have risen 19 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $35.53, a rise of 16 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BRKR at https://www.zacks.com/ap/BRKR

Print Article

Read More Business

Asian shares gain on hopes for progress on China-US trade

AP

February 18, 2019 at 9:04 pm | BANGKOK (AP) Asian shares are mostly higher as Chinese and U.S. officials prepare for trade talks in Washington this week. U.S. markets were closed Monday for President's Day. Analysts said...

Comments

Read More

AP Top Business News at 11:43 p.m. EST

AP

February 18, 2019 at 8:50 pm | Asian shares gain on hopes for progress on China-US trade...

Comments

Read More

Cheap and Green: Pyongyang upgrades its mass transit system

AP

February 18, 2019 at 6:11 pm | PYONGYANG, North Korea (AP) Pyongyang is upgrading its overcrowded mass transit system with brand-new subway cars, trams and buses in a campaign meant to show leader Kim Jong Un is raising the coun...

Comments

Read More

Distribution warehouse closes and eliminates 300 Omaha jobs

AP

February 18, 2019 at 4:27 pm | OMAHA, Neb. (AP) About 300 jobs will be eliminated in the Omaha area when a distribution warehouse that served Shopko stores closes. The Omaha World-Herald reported the closure of the distribut...

Comments

Read More

Contact Us

(509) 765-4561
PO Box 910
Moses Lake, WA 98837

©2019 Columbia Basin Herald Terms of Use Privacy Policy
X
X