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Market Impact: 0.38

Bio-Rad Laboratories (BIO) Lags Q1 Earnings Estimates

BIO
Corporate EarningsCompany FundamentalsAnalyst EstimatesHealthcare & Biotech

Bio-Rad Laboratories reported quarterly EPS of $1.89, well below the Zacks Consensus Estimate of $2.77 and down from $2.54 a year ago. The miss versus expectations and the year-over-year decline point to weaker near-term fundamentals. The report is likely to pressure the stock, though the article provides no revenue or guidance details.

Analysis

Bio-Rad Laboratories reported quarterly EPS of $1.89, well below the Zacks Consensus Estimate of $2.77 and down from $2.54 a year ago. The miss versus expectations and the year-over-year decline point to weaker near-term fundamentals. The report is likely to pressure the stock, though the article provides no revenue or guidance details.

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Market Sentiment

Overall Sentiment

strongly negative

Sentiment Score

-0.46

Ticker Sentiment

BIO-0.80