Earnings Report: PerkinElmer Beats Estimates And Boosts Guidance

http://bit.do/dLv27 Secret sale page FxMath.
PerkinElmer Inc. (NYSE:PKI) reported Q2 EPS of $0.38, topping consensus estimates of $0.33 per share. Revenues rose 13.6% year-over-year to $498 million, topping estimates of $462.19 million. For the full year 2010, the Company forecasts GAAP earnings per share from continuing operations in the range of $1.29 to $1.34 representing an increase from the Company's prior forecast of $1.08 to $1.13. On a non-GAAP basis, which includes the adjustments noted in the attached reconciliation, the Company forecasts adjusted earnings per share in the range of $1.49 to $1.54 representing an increase from the Company's prior forecast of $1.43 to $1.48. Analysts, on average, were projecting FY 2010 EPS of $1.46 on revenues of $1.90 billion. SmarTrend alerted subscribers to take profits in PerkinElmer on May 07, 2010 at $22.47, since then the stock fell 11.4%. We are now watching for any positive developments that could result in a new uptrend signal.