Thermo Fisher Scientific Earnings, Revenue beat In Q4

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Thermo Fisher Scientific Earnings, Revenue beat In Q4
Credit: © Reuters.

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

Thermo Fisher Scientific announced earnings per share of $7.09 on revenue of $10.55B. Analysts polled by Investing.com anticipated EPS of $6.52 on revenue of $9.54B.

Thermo Fisher Scientific shares are up 9% from the beginning of the year and are trading at $509.70 , down-from-52-week-high.They are outperforming the S&P 500 which is down 1.11% 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, January 26, 2021, who reported EPS of $1.86 on revenue of $22.48B, compared to forecasts EPS of $1.82 on revenue of $21.66B.

Abbott Labs had beat expectations on Wednesday with fourth quarter EPS of $1.45 on revenue of $10.7B, compared to forecast for EPS of $1.35 on revenue of $9.94B.

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

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