24.04.2024 12:08:07 - dpa-AFX: Thermo Fisher Scientific Q1 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Thermo Fisher Scientific (TMO) revealed earnings for
its first quarter that increased from the same period last year and beat the
Street estimates.

The company's earnings totaled $1.33 billion, or $3.46 per share. This compares with $1.29 billion, or $3.32 per share, in last year's first quarter.

Excluding items, Thermo Fisher Scientific reported adjusted earnings of $1.96
billion or $5.11 per share for the period.

Analysts on average had expected the company to earn $4.71 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 3.4% to $10.35 billion from $10.71
billion last year.

Thermo Fisher Scientific earnings at a glance (GAAP) :

-Earnings (Q1): $1.33 Bln. vs. $1.29 Bln. last year.
-EPS (Q1): $3.46 vs. $3.32 last year.
-Revenue (Q1): $10.35 Bln vs. $10.71 Bln last year.

-Guidance:
Full year EPS guidance: $21.14 to $22.02
Full year revenue guidance: $42.3 to $43.3 Bln


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
THERMO FISH.SCIENTIF.DL 1 857209 Frankfurt 521,300 31.05.24 15:44:32 +7,600 +1,48% 0,000 0,000 518,100 513,700

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH