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Thermo Fisher Scientific (TMO) came out with quarterly earnings of $5.67 per share, beating the Zacks Consensus Estimate of $5.64 per share. This compares to earnings of $5.40 per share a year ago.
Medical equipment maker Thermo Fisher Scientific Inc on Wednesday forecast annual profit below Wall Street estimates, as it expects that a slump in demand for its services used to make therapeutics and vaccines to continue this year.
Beyond analysts' top -and-bottom-line estimates for Thermo Fisher (TMO), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.
Thermo Fisher Scientific (TMO) closed at $553.39 in the latest trading session, marking a +0.3% move from the prior day.
Investors continue to be optimistic about Thermo Fisher (TMO) due to its series of new product launches and promising growth strategy.
Thermo Fisher (TMO) will likely gain from strong Analytical Instrument business performance and the latest strategic pacts.
The latest trading day saw Thermo Fisher Scientific (TMO) settling at $544.32, representing a -0.31% change from its previous close.
Thermo Fisher Scientific, Inc. (TMO) 42nd Annual J.P. Morgan Healthcare Conference Transcript
Thermo Fisher Scientific (TMO) reachead $531.23 at the closing of the latest trading day, reflecting a -1.14% change compared to its last close.
Thermo Fisher Scientific has pledged to stop selling forensic technology and equipment in Tibet that could be used for identifying individuals, a spokesperson for the company said.