Thermo Fisher Scientific Earnings, Revenue beat In Q3

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Thermo Fisher Scientific Earnings, Revenue beat In Q3
Credit: © Reuters.

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

Thermo Fisher Scientific announced earnings per share of $5.63 on revenue of $8.52B. Analysts polled by Investing.com anticipated EPS of $4.31 on revenue of $7.65B.

Thermo Fisher Scientific shares are up 43% from the beginning of the year and are trading at $465.26 , down-from-52-week-high.They are outperforming the S&P 500 which is up 6.57% 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 J&J on Tuesday, October 13, 2020, who reported EPS of $2.2 on revenue of $21.08B, compared to forecasts EPS of $1.98 on revenue of $20.2B.

Intuitive Surgical had beat expectations on Thursday, October 15, 2020 with third quarter EPS of $2.77 on revenue of $1.08B, compared to forecast for EPS of $2.06 on revenue of $970.98M.

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

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