Bio-Rad (BIO) Q1 Earnings Surpass Estimates, Margins Down
BIOBio-Rad(BIO) Zacks Investment Research·2024-05-09 01:20

Bio-Rad Laboratories, Inc. (BIO) posted first-quarter 2024 adjusted earnings per share (EPS) of $2.29, beating the Zacks Consensus Estimate by 12.3%. However, the bottom line declined 31.4% from the prior-year quarter’s levels. The quarter’s adjustments eliminate the impacts of certain non-recurring items like the amortization of purchased intangibles, Restructuring costs, gains/losses from the change in the fair market value of equity securities and gains/losses on equity-method investments. The company’s ...