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Bio-Rad Laboratories (NYSE:BIO) Sets New 52-Week High on Earnings Beat
['Mitch Edgeman']
Markets Daily
Bio-Rad Laboratories, Inc. (NYSE:BIO – Get Free Report)’s share price reached a new 52-week high on Wednesday following a better than expected earnings announcement.
Get Bio-Rad Laboratories alerts:Bio-Rad Laboratories News RoundupHere are the key news stories impacting Bio-Rad Laboratories this week:Positive Sentiment: Q2 earnings topped expectations.
Bio-Rad Laboratories Beats Q2 Earnings EstimatesBio-Rad reported adjusted earnings of $2.62 per share, well above the $1.75 consensus estimate cited by MarketBeat and the $2.34 estimate from Zacks.
Bio-Rad Laboratories Earnings ReportQuarterly revenue was $651 million, above the approximately $624 million analyst estimate, while operating cash flow reached $98.7 million.
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