Life Technologies Corporation (LIFE) issued an update on its FY12 earnings guidance on Thursday morning. The company provided EPS guidance of $3.95-4.00 for the period.

Shares of Life Technologies Corporation (LIFE) traded up 2.78% during mid-day trading on Thursday, hitting $50.27. Life Technologies Corporation (LIFE) has a one year low of $36.07 and a one year high of $50.99. The company has a market cap of $8.812 billion and a P/E ratio of 20.19.

Life Technologies Corporation last issued its quarterly earnings data on Thursday, November 1st. The company reported $0.92 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.89 by $0.03. The company’s quarterly revenue was down 1.8% on a year-over-year basis. On average, analysts predict that Life Technologies Corporation (LIFE) will post $3.95 earnings per share for the current fiscal year.

A number of research firms have also recently commented on LIFE. Analysts at Barclays Capital reiterated an equalweight rating on shares of Life Technologies Corporation in a research note to investors on Tuesday, October 23rd. They now have a $48.00 price target on the stock. On a related note, analysts at Credit Suisse reiterated an outperform rating on shares of Life Technologies Corporation in a research note to investors on Wednesday, October 10th. They now have a $53.00 price target on the stock. Finally, analysts at Cantor Fitzgerald reiterated a hold rating on shares of Life Technologies Corporation in a research note to investors on Wednesday, September 26th.

Life Technologies Corporation (Life Technologies) is a global life sciences company. Life Technologies delivers a range of products and services, including systems, instruments, reagents, software, and custom services.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.