Bruker: Q1 Earnings Insights

Bruker BRKR reported its Q1 earnings results on Wednesday, May 4, 2022 at 07:00 AM.

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

Bruker beat estimated earnings by 16.67%, reporting an EPS of $0.49 versus an estimate of $0.42.

Revenue was up $40.30 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 4.45% drop in the share price the next day.

Here's a look at Bruker's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.58	0.44	0.38	0.32
EPS Actual	0.59	0.63	0.44	0.44
Revenue Estimate	663.88M	574.17M	538.29M	513.06M
Revenue Actual	683.50M	608.90M	570.80M	554.70M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Bruker management provided guidance for FY 2022, expecting earnings between $2.29 and $2.33 per share.

To track all earnings releases for Bruker visit their earnings calendar here.

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