| Thermo Fisher tops Street 4Q forecasts | |
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WALTHAM, Mass. (AP) _ Thermo Fisher Scientific Inc. (TMO) on Thursday reported fourth-quarter profit of $601.2 million.
On a per-share basis, the Waltham, Massachusetts-based company said it had net income of $1.49. Earnings, adjusted for one-time gains and costs, were $1.99 per share.
The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.94 per share.
The maker of scientific instrument and laboratory supplies posted revenue of $4.49 billion in the period, also beating Street forecasts. Analysts expected $4.38 billion, according to Zacks.
For the year, the company reported profit of $1.89 billion, or $4.71 per share. Revenue was reported as $16.89 billion.
Thermo Fisher shares have decreased roughly 1 percent since the beginning of the year, while the Standard & Poor's 500 index has dropped nearly 3 percent. The stock has risen 11 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TMO at http://www.zacks.com/ap/TMO
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Keywords: Thermo Fisher Scientific, Earnings Report
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Thermo Fisher est une société basée aux Etats-Unis D'Amerique. Thermo Fisher est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 240,3 milliards US$ (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. |