Please ensure Javascript is enabled for purposes of website accessibility

Why Bruker Jumped 12.6% Today

By Todd Campbell – May 3, 2019 at 5:16PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Anemic second-quarter financials have investors reining in their expectations.

What happened

After the company reported first-quarter financials and boosted full-year sales guidance, Bruker Corporation (BRKR 2.88%) shares rallied 12.6% on Friday.

So what

A manufacturer of instruments used in scientific research, Bruker Corp. reported first-quarter revenue of $461.4 million, up 6.9% from the year-ago quarter. The top line was nearly $11 million better than industry watchers had been modeling. The company also reported a 1.25% improvement in GAAP operating margin to 9.1%; it delivered adjusted earnings per share of $0.28, which was $0.04 higher than the year-ago quarter.

A rocket lifting off into the sky.


The sales increase was driven by a 5.5% increase in organic revenue and a 6% increase due to acquisitions. Those tailwinds were slightly held back by a 4.6% currency exchange headwind.

Management also struck a positive tone for the rest of the year, increasing its year-over-year revenue growth guidance to 7%-8%. It expects operating margins will improve 90 basis points from 2018 and adjusted earnings per share (EPS) will be between $1.57 and $1.61, up 12% to 15% from 2018.

Now what

It's good to see Bruker's executing well on its plans to kick-start growth and boost profitability, but there's more work to do. The company's energy and supercon technologies segment sales were essentially flat year over year at $44.6 million. Nevertheless, solid revenue growth, leveraged by expense management plans, should allow earnings to grow faster than sales, potentially rewarding investors throughout the remainder of 2019.


Todd Campbell has no position in any of the stocks mentioned. His clients may have positions in the companies mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Bruker Corporation Stock Quote
Bruker Corporation
$54.59 (2.88%) $1.53

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 10/03/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.