Thermo Fisher Scientific Earnings, Revenue beat In Q3
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 $5.76 on revenue of $9.33B. Analysts polled by Investing.com anticipated EPS of $4.68 on revenue of $8.33B.
Thermo Fisher Scientific shares are up 30% from the beginning of the year and are trading at $608.34 , down-from-52-week-high.They are outperforming the S&P 500 which is up 21.8% 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 19, 2021, who reported EPS of $2.6 on revenue of $23.34B, compared to forecasts EPS of $2.35 on revenue of $23.64B.
Abbott Labs had beat expectations on Wednesday, October 20, 2021 with third quarter EPS of $1.4 on revenue of $10.93B, compared to forecast for EPS of $0.9449 on revenue of $9.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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