Why Revvity (RVTY) Could Beat Earnings Estimates Again

Core Viewpoint - Revvity (RVTY) is positioned to potentially continue its earnings-beat streak in the upcoming report, having surpassed earnings estimates consistently in recent quarters [1][2]. Earnings Performance - For the last reported quarter, Revvity achieved earnings of $1.42 per share, exceeding the Zacks Consensus Estimate of $1.36 per share by 4.41% [2]. - In the previous quarter, the company reported earnings of $1.28 per share against an expected $1.13 per share, resulting in a surprise of 13.27% [2]. Earnings Estimates and Predictions - Recent estimates for Revvity have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Revvity stands at +0.52%, reflecting increased analyst optimism regarding its near-term earnings potential [8]. Zacks Rank and Success Rate - Revvity holds a Zacks Rank of 3 (Hold), which, when combined with a positive Earnings ESP, suggests a high probability of beating consensus estimates, with historical data indicating nearly 70% success in such scenarios [6][8]. Upcoming Earnings Report - The next earnings report for Revvity is anticipated to be released on April 28, 2025 [8].