Recap: Bio-Rad Laboratories Q1 Earnings

Bio-Rad Laboratories BIO reported its Q1 earnings results on Thursday, April 28, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Bio-Rad Laboratories beat estimated earnings by 45.29%, reporting an EPS of $4.94 versus an estimate of $3.4.

Revenue was down $26.73 million from the same period last year.

Last quarter the company beat on EPS by $0.36 which was followed by a 0.74% increase in the share price the next day.

Here's a look at Bio-Rad Laboratories's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	2.85	2.44	2.66	3
EPS Actual	3.21	3.71	3.54	5.21
Revenue Estimate	731.98M	661.87M	631.78M	660.98M
Revenue Actual	732.77M	715.20M	715.93M	726.80M

To track all earnings releases for Bio-Rad Laboratories visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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