Will Difficult Comparison Hurt Bio-Rad's (BIO) Q4 Earnings?
Zacks Investment Research | Feb 20, 2019 08:55PM ET
Bio-Rad Laboratories, Inc. (NYSE:BIO) is scheduled to report fourth-quarter and 2018 results, after market closes on Feb 28.
In the last reported quarter, the company’s earnings per share missed the Zacks Consensus Estimate by 21.55%. However, the company delivered positive surprises in three of the trailing four quarters, the average beat being 11.78%.
Let’s take a look at how things are shaping up prior to this announcement.
Factors at Play
Over the past few quarters, the company has registered consistent top-line growth on balanced growth across all geographies. In the last-reported quarter, the company witnessed robust demand for many of its key product lines in the Americas and Asia-Pacific.
Bio-Rad Laboratories, Inc. Price and EPS Surprise
the complete list of today’s Zacks #1 Rank stocks here .
Aduro Biotech (NASDAQ:ADRO) has an Earnings ESP of +5.23% and a Zacks Rank of #2.
Aptose Biosciences (NASDAQ:APTO) has an Earnings ESP of +7.69% and a Zacks Rank #3.
Zacks' Top 10 Stocks for 2019
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