Thermo Fisher Scientific: Q3 Earnings Insights

Thermo Fisher Scientific: Q3 Earnings Insights

Thermo Fisher Scientific TMO reported its Q3 earnings results on Wednesday, October 26, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Thermo Fisher Scientific beat estimated earnings by 5.39%, reporting an EPS of $5.08 versus an estimate of $4.82.

Revenue was up $1.35 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.52 which was followed by a 0.13% increase in the share price the next day.

Here's a look at Thermo Fisher Scientific's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 4.99 6.18 5.26 4.67
EPS Actual 5.51 7.25 6.54 5.76
Revenue Estimate 9.97B 10.63B 9.29B 8.39B
Revenue Actual 10.97B 11.82B 10.70B 9.33B

To track all earnings releases for Thermo Fisher Scientific visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings