Investing.com - PerkinElmer (NYSE:PKI) reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
PerkinElmer announced earnings per share of $2.83 on revenue of $1.23B. Analysts polled by Investing.com anticipated EPS of $2.44 on revenue of $1.12B.
PerkinElmer shares are up 14% from the beginning of the year and are trading at $160.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 17.46% from the start of the year.
PerkinElmer shares lost 2.64% in pre-market trade following the report.
PerkinElmer follows other major Technology sector earnings this month
PerkinElmer's report follows an earnings missed by Taiwan Semiconductor on Thursday, July 15, 2021, who reported EPS of $0.929 on revenue of $13.35B, compared to forecasts EPS of $0.9296 on revenue of $13.23B.
Intel had beat expectations on Thursday with second quarter EPS of $1.28 on revenue of $18.53B, compared to forecast for EPS of $1.07 on revenue of $17.81B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar