
Bio Rad Laboratories Inc reports results for the quarter ended September 30 - Earnings Summary

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Bio Rad Laboratories Inc reported Q3 adjusted earnings of $2.26 per share, exceeding last year's $2.01 and analysts' expectations of $1.93. Revenue increased by 0.5% to $653 million, slightly above the forecast of $651.30 million. Despite a quarterly loss of $341.9 million, shares rose 17.8% this quarter. Analysts' earnings estimates have increased by 15.8% over the past three months, with a consensus rating of "buy". The median 12-month price target is $325, 1.7% below the last closing price of $319.47.

