Bruker Earnings: Here’s Why the Stock is Down Now

Bruker Corporation (NASDAQ:BRKR) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0.06%.

Bruker Corporation Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 50% to $0.18 in the quarter versus EPS of $0.12 in the year-earlier quarter.

Revenue: Rose 7.65% to $452.9 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Bruker Corporation reported adjusted EPS income of $0.18 per share. By that measure, the company beat the mean analyst estimate of $0.14. It beat the average revenue estimate of $426.39 million.

Quoting Management: “Our growth and profitability rebounded in the second quarter, after a weak first quarter of 2013,” said Frank Laukien, President and CEO of Bruker. “We continue to experience significant variability in our businesses and markets, with weakness in some key markets partially offset by diversified pockets of growth. At the mid-point of the year, we believe we are on track to deliver our full-year 2013 guidance for revenue growth and EPS, and we remain focused on implementing programs that will drive operational improvement and profitable growth.”

Key Stats (on next page)…

Revenue decreased 0% from $0 in the previous quarter. EPS increased 125% from $0.08 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.25 to a profit $0.24. For the current year, the average estimate has moved down from a profit of $0.9 to a profit of $0.81 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)