Bio-Rad Laboratories Inc Class A
BIO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Q! | LOCK|W< | LOCK|$gsr^Q& |
Bio-Rad Earnings: Modest Progress on Growth and Margin While Demand Remains Uneven
Bio-Rad reported year-on-year revenue growth of 0.7% at constant currency, its first quarter of growth this year, and non-GAAP operating margin rose 1 point to 12.8%. Management expects full-year currency-neutral revenue decline around 1.25% and margin in the upper half of its 10%-12% range.
