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THERMO FISHER SCIENTIFIC

(TMO)
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Thermo Fisher: Q2 Earnings Snapshot

07/28/2021 | 06:18am EDT

WALTHAM, Mass. (AP) _ Thermo Fisher Scientific Inc. (TMO) on Wednesday reported second-quarter earnings of $1.83 billion.

The Waltham, Massachusetts-based company said it had profit of $4.61 per share. Earnings, adjusted for one-time gains and costs, came to $5.60 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $5.51 per share.

The maker of scientific instrument and laboratory supplies posted revenue of $9.27 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $8.75 billion.

Thermo Fisher expects full-year earnings to be $22.07 per share, with revenue expected to be $35.9 billion.

Thermo Fisher shares have increased 14% since the beginning of the year, while the S&P's 500 index has climbed 17%. The stock has increased 28% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TMO at https://www.zacks.com/ap/TMO

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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Analyst Recommendations on THERMO FISHER SCIENTIFIC
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Financials (USD)
Sales 2021 36 038 M - -
Net income 2021 7 158 M - -
Net Debt 2021 18 491 M - -
P/E ratio 2021 33,6x
Yield 2021 0,16%
Capitalization 240 B 240 B -
EV / Sales 2021 7,17x
EV / Sales 2022 6,38x
Nbr of Employees 80 000
Free-Float 89,6%
Chart THERMO FISHER SCIENTIFIC
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Thermo Fisher Scientific Technical Analysis Chart | TMO | US8835561023 | MarketScreener
Technical analysis trends THERMO FISHER SCIENTIFIC
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 21
Last Close Price 609,78 $
Average target price 633,18 $
Spread / Average Target 3,84%
EPS Revisions
Managers and Directors
Marc N. Casper Chairman, President & Chief Executive Officer
Stephen Williamson Chief Financial Officer & Senior Vice President
Ryan Snyder Chief Information Officer & Senior Vice President
Alan B. Sachs Chief Medical Officer
Karen E. Nelson Chief Scientific Officer
Sector and Competitors