| Thermo Fisher tops Street 3Q forecasts | |
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WALTHAM, Mass. (AP) _ Thermo Fisher Scientific Inc. (TMO) on Wednesday reported third-quarter net income of $476.1 million.
The Waltham, Massachusetts-based company said it had profit of $1.18 per share. Earnings, adjusted for one-time gains and costs, were $1.80 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.79 per share.
The maker of scientific instrument and laboratory supplies posted revenue of $4.12 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $4.1 billion.
Thermo Fisher expects full-year earnings in the range of $7.33 to $7.41 per share, with revenue in the range of $16.81 billion to $16.91 billion.
Thermo Fisher shares have risen almost 3 percent since the beginning of the year, while the Standard & Poor's 500 index has decreased slightly more than 1 percent. The stock has risen 12 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TMO at http://www.zacks.com/ap/TMO
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Keywords: Thermo Fisher Scientific, Earnings Report
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Thermo Fisher est une société basée aux Etats-Unis D'Amerique. Thermo Fisher est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 240,3 milliards US$ (218,2 milliards €). La valeur de son action a atteint son plus bas niveau récent le 15 novembre 2013 à 100,01 US$, et son plus haut niveau récent le 12 septembre 2024 à 614,16 US$. Thermo Fisher possède 391 220 000 actions en circulation. |