Thermo Fisher Scientific Earnings, Revenue beat In Q2

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Thermo Fisher Scientific Earnings, Revenue beat In Q2
Credit: © Reuters.

Investing.com - Thermo Fisher Scientific (NYSE: TMO ) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Thermo Fisher Scientific announced earnings per share of $5.51 on revenue of $10.97B. Analysts polled by Investing.com anticipated EPS of $4.99 on revenue of $9.97B.

Thermo Fisher Scientific shares are down 12% from the beginning of the year and are trading at $581.93 , down-from-52-week-high.They are outperforming the S&P 500 which is down 15.58% from the start of the year.

Thermo Fisher Scientific follows other major Healthcare sector earnings this month

Thermo Fisher Scientific's report follows an earnings beat by UnitedHealth on Friday, July 15, 2022, who reported EPS of $5.57 on revenue of $80.33B, compared to forecasts EPS of $5.21 on revenue of $79.68B.

J&J had beat expectations on Tuesday, July 19, 2022 with second quarter EPS of $2.59 on revenue of $24.02B, compared to forecast for EPS of $2.54 on revenue of $23.77B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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