Stock Track | Bruker Stock Plunges in Pre-Market Trading After Disappointing Q3 Results

Stock Track

2024/11/05

Shares of Bruker Corp. (BRKR) plummeted as much as 5.86% in pre-market trading on Monday, following the release of the company's third-quarter 2024 financial results.

The scientific instruments and analytical solutions provider reported adjusted earnings per share of $0.60 for the quarter, narrowly beating analysts' expectations of $0.59. However, revenue of $864.4 million, while surpassing the consensus estimate of $859.4 million, fell short of investors' expectations.

More concerning, Bruker's full-year 2024 revenue guidance range of $3.34 billion to $3.37 billion fell below the analyst consensus of $3.40 billion, indicating potential headwinds or weak demand in the company's core markets.

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(BRKR) plummeted as much as 5.86% in pre-market trading on Monday, following the release of the company's third-quarter 2024 financial results.</p>\n\n<p>The scientific instruments and analytical solutions provider reported adjusted earnings per share of $0.60 for the quarter, narrowly beating analysts' expectations of $0.59. However, revenue of $864.4 million, while surpassing the consensus estimate of $859.4 million, fell short of investors' expectations.</p>\n\n<p>More concerning, Bruker's full-year 2024 revenue guidance range of $3.34 billion to $3.37 billion fell below the analyst consensus of $3.40 billion, indicating potential headwinds or weak demand in the company's core markets.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BRKR","symbol_name":"布魯克","start_time":0,"source_url":"","article_id":"1147030662","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1147030662","pubTimestamp":1730809453,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Bruker Corp.  plummeted as much as 5.86% in pre-market trading on Monday, following the release of the company's third-quarter 2024 financial results.The scientific instruments and analytical solutions provider reported adjusted earnings per share of $0.60 for the quarter, narrowly beating analysts' expectations of $0.59. 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