NYSE$RVTY

Revvity Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

PerkinElmer reported strong Q4 2019 results, with revenue growth and increased EPS.

PerkinElmer announced its financial results for the fourth quarter and full year 2019, demonstrating strong performance. The company's Q4 revenue reached $805.5 million, reflecting a 6% reported growth and 5% organic growth. GAAP EPS from continuing operations was $0.58, while adjusted EPS reached $1.35. The company also provided FY20 GAAP EPS guidance range of $2.89 to $2.99 and adjusted EPS guidance of $4.50 to $4.60.

  • Q4 revenue reached $805.5 million, a 6% increase reported.
  • GAAP EPS from continuing operations was $0.58, and adjusted EPS was $1.35.
  • GAAP operating income margin was 17.2%, and adjusted operating income margin was 23.9%.
  • FY20 GAAP EPS guidance range is $2.89 to $2.99, and adjusted EPS guidance is $4.50 to $4.60.

Headline financials

Total Revenue

$805M

Previous: $756M+6.5%
EPS (adj)

$1.35

Previous: $1.18+14.4%
Organic revenue growth

5.0%

No prior period
Capital Expenditures

$23.2M

Previous: $32.8M-29.1%
Free Cash Flow

$192M

Previous: $127M+51.6%
Net Income

$64.5M

Previous: $71.3M-9.5%
Operating Income

$138M

Previous: $116M+19.5%
Gross Profit

$398M

Previous: $376M+5.8%
Cash & Equivalents

$192M

Previous: $163M+17.6%
Total Assets

$6.54B

Previous: $5.98B+9.4%
Stock-Based Comp

$6.41M

Previous: $5.49M+16.7%

Revenue & EPS history

Revvity · Revenue · Quarterly

$805M

Q4 2019+6.5%vs Q4 2018
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Revvity · $309M total across 1 segment · Q4 2019

  • Diagnostics
    $309M+4.2%

Forward guidance

For the full year 2020, the Company forecasts GAAP revenue of $3.05 billion to $3.09 billion. GAAP earnings per share from continuing operations in a range of $2.89-$2.99 adjusted earnings per share of $4.50-$4.60. For the first quarter of 2020, the Company forecasts GAAP revenue of $700 million. GAAP earnings per share from continuing operations of $0.33 and adjusted earnings per share of $0.70.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-0.1%

Avg return

Earnings day

+0.3%

Avg return

5 days after

-0.0%

Avg return

30 days after

48%

31 / 64 earnings

Positive

+10.4%

Q2 2024

Best reaction

-16.3%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.5%+17.0%+16.7%
Q4 2025-4.5%-6.6%-9.5%
Q3 2025-1.8%-5.4%+5.8%
Q2 2025+3.3%+1.9%-5.8%
Q1 2025+0.8%-0.3%-3.1%
Q4 2024-0.5%-3.5%-11.6%
Q3 2024+4.1%+1.2%-4.1%
Q2 2024+10.4%+7.1%+5.3%
Q1 2024+0.9%-0.9%+8.1%
Q4 2023-1.4%-2.8%-0.1%
Q3 2023-16.3%-9.9%-8.6%
Q2 2023+1.8%+0.2%-4.8%
Q1 2023-6.6%-8.3%-10.8%
Q4 2022-2.4%-3.8%-9.1%
Q3 2022-2.3%+11.0%+9.9%
Q2 2022+0.6%+0.4%-11.8%
Q1 2022+6.2%-0.0%+2.0%
Q4 2021+7.5%+6.3%+4.0%
Q3 2021-1.3%-4.3%+2.1%
Q2 2021+3.5%+10.9%+12.6%
Q1 2021+4.6%+8.0%+6.2%
Q4 2020-8.0%-4.5%-18.2%
Q3 2020+1.3%+4.4%+1.7%
Q2 2020+4.1%+3.4%-0.4%
Q1 2020+7.2%+6.3%+18.4%
Q4 2019-2.3%-7.3%-13.8%
Q3 2019-2.3%-0.4%+5.6%
Q2 2019-7.9%-11.0%-13.9%
Q1 2019-0.5%+1.4%-8.6%
Q4 2018+0.7%+2.8%+6.9%
Q3 2018-4.5%-3.1%+1.6%
Q2 2018+9.3%+8.2%+16.7%
Q1 2018-2.2%-1.7%+0.4%
Q4 2017+1.6%-0.5%-5.4%
Q3 2017-2.3%-1.6%+1.2%
Q2 2017-3.6%-4.0%+0.4%
Q1 2017+3.3%+4.9%+8.8%
Q4 2016-3.0%-2.0%+2.2%
Q3 2016-2.1%-1.9%+2.3%
Q2 2016-0.1%-0.3%+0.5%
Q1 2016+1.0%
Q3 2015-2.4%
Q2 2015+4.3%
Q1 2015+1.5%
Q4 2014+2.7%
Q3 2014+1.9%
Q2 2014-5.5%
Q1 2014-3.4%
Q4 2013+2.3%
Q3 2013-1.7%
Q2 2013+6.8%
Q1 2013-10.6%
Q4 2012-3.5%
Q3 2012-1.0%
Q2 2012+5.4%
Q4 2008-0.5%
Q1 2012+3.0%
Q1 2011+0.2%
Q4 2011+3.5%
Q3 2009+1.4%
Q3 2011+1.4%
Q2 2009-3.1%
Q2 2011-3.1%
Q4 2010-3.1%

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