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Revvity Gears Up to Post Q3 Earnings: What's in Store for the Stock?

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Key Takeaways

  • Revvity is set to report Q3 earnings on Nov. 3, with EPS expected to rise 9.3% on 0.3% revenue growth.
  • Strong HCS demand, recovering pharma spending and a Signals software rebound may boost Life Sciences.
  • Diagnostics strength and efficiency gains may aid RVTY, while weak academic spending and TB pressures.

Revvity, Inc. (RVTY - Free Report) is slated to report third-quarter 2026 results on Nov. 3, before market open. The company's performance is likely to reflect continued strength in Diagnostics and improving momentum in Life Sciences, supported by recovering pharma and biotech spending, robust demand for high-content screening (HCS) instruments and a return to double-digit growth in Signals software. However, persistent weakness in academic and government spending and continued latent TB-related pressures could weigh on performance.

In the last reported quarter, the company delivered an earnings surprise of 14.6%. RVTY’s earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 6.6%.

Year to date, RVTY’s shares have rallied 71.3%, outperforming the industry’s growth of 9.9% and the S&P Index’s rise of 12.4%.

Zacks Investment Research
Image Source: Zacks Investment Research

Q3 Estimates

The Zacks Consensus Estimate for third-quarter revenues is pegged at $700.9 million, indicating growth of 0.3% from the prior-year quarter’s level. The consensus mark for earnings is pinned at $1.29 per share, indicating an improvement of 9.3% year over year.

Factors Likely to Drive Revvity's Q3 Performance

Revvity's third-quarter results are expected to have benefited from resilience in its core Life Sciences and Diagnostics businesses, improving demand across its pharma and biotech customer base, which has shown signs of recovery since early 2026.

The Life Sciences segment may have gained momentum from stronger instrument shipments and improving software growth. HCS instruments are likely to have seen robust demand, supported by a strong backlog. Management expects instrument revenues to grow at a mid-single-digit rate in the third quarter. Reagent sales are also likely to have benefited from the fulfillment of larger orders deferred from the second quarter, supporting the upper end of low-single-digit growth.

Signals software is likely to have returned to high-teens organic growth in the third quarter, following a 20% decline in the second quarter due to difficult comparisons and contract timing. Advanced Persistent Virtual revenue and annual recurring revenue momentum are likely to have provided additional support. Recent AI-focused launches, including Signals AI, Xynthetica and the Anthropic connector, are likely to have strengthened customer engagement, although their revenue contribution may have remained relatively modest.

The Diagnostics segment is likely to have remained a key growth contributor, supported by sustained strength in reproductive health and immunodiagnostics. Newborn screening demand, broader portfolio adoption and geographic expansion may have supported reproductive health, although growth is likely to have moderated to low-single digits in the second half. Immunodiagnostics is likely to have benefited from healthy demand for rare autoimmune testing, particularly in the United States, while latent TB-related pressures may have remained a headwind.

Revvity's operational efficiency initiatives are expected to support profitability, with management anticipating benefits beginning in the third quarter. The company expects approximately 29% adjusted operating margins, alongside organic growth of 4-6% and revenues of $685-$700 million. However, softness in academic and government spending and macroeconomic uncertainty may have limited improvement.

Revvity Inc. Price and EPS Surprise

Revvity Inc. Price and EPS Surprise

Revvity Inc. price-eps-surprise | Revvity Inc. Quote

What the Zacks Model Unveils for RVTY

Our proven model predicts an earnings beat for Revvity this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is exactly the case here.

Revvity's Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is +1.03% for RVTY. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.

Zacks Rank of Revvity: The company carries a Zacks Rank #2 at present.

Other Stocks Worth a Look

Here are some other medical product stocks worth considering, as these too have the right combination of elements to post an earnings beat this reporting cycle.

Phibro Animal Health (PAHC - Free Report) has an Earnings ESP of +2.10% and carries a Zacks Rank #2 at present. The company is set to release first-quarter fiscal 2027 results on Nov. 5. You can see the complete list of today’s Zacks #1 Rank stocks here.

PAHC’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 18.4%. The Zacks Consensus Estimate for the company’s first-quarter EPS indicates an increase of 8.2% from the year-ago quarter’s figure.

IDEXX Laboratories (IDXX - Free Report) currently has an Earnings ESP of +0.59% and a Zacks Rank #2. The company is slated to release third-quarter 2026 results on Nov. 2.

IDXX’s earnings beat estimates in each of the trailing four quarters, the average surprise being 5.7%. The Zacks Consensus Estimate for the company’s third-quarter EPS implies an increase of 9.1% from the year-ago quarter’s figure.

Becton, Dickinson and Company (BDX - Free Report) , or BD, currently has an Earnings ESP of +0.21% and a Zacks Rank #2. The company is scheduled to release fourth-quarter fiscal 2026 results on Nov. 5.

BD’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 2.9%. The Zacks Consensus Estimate for the company’s fourth-quarter EPS calls for a rise of 2.5% from the year-ago quarter’s figure.

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