WASHINGTON (dpa-AFX) - (Adds Outlook)

Thermo Fisher Scientific (TMO) released a profit for its fourth quarter that
increased from last year and beat the Street estimates.

The company's earnings came in at $1.63 billion, or $4.20 per share. This
compares with $1.58 billion, or $4.01 per share, in last year's fourth quarter.

Excluding items, Thermo Fisher Scientific reported adjusted earnings of $2.20
billion or $5.67 per share for the period.

Analysts on average had expected the company to earn $5.64 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 4.9% to $10.89 billion from $11.45
billion last year.

Outlook

For fiscal 2024, Thermo Fisher projects adjusted earnings per share of $20.95 to
$22.00 and revenue of $42.1 billion to $43.3 billion.

The Street is looking for earnings of $22.04 per share and revenues of $42.93
billion for the year.

Fiscal 2023 adjusted earnings per share was $21.55 and revenue was $42.86
billion.

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