PerkinElmer Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component PerkinElmer, Inc. (NYSE:PKI) will unveil its latest earnings tomorrow, Thursday, January 31, 2013. PerkinElmer provides technology, services, and solutions to the environmental monitoring, diagnostics, academic research, and safety security markets.

PerkinElmer, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for net income of 65 cents per share, a rise of 4.8% from the company’s actual earnings for the year-ago quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 12.6% compared to last year’s $2.06.

Past Earnings Performance: Last quarter, the company beat estimates by one cent, coming in at profit of 45 cents a share versus the estimate of net income of 44 cents a share. It marked the fourth straight quarter of beating estimates.

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A Look Back: In the third quarter, profit fell 16.2% to $29.6 million (26 cents a share) from $35.3 million (31 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 12.3% to $509.6 million from $453.7 million.

Here’s how PerkinElmer traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: