Thermo Fisher Scientific: Q4 Earnings Insights

Thermo Fisher Scientific TMO reported its Q4 earnings results on Wednesday, January 31, 2024 at 06:00 AM.

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

Earnings

Thermo Fisher Scientific beat estimated earnings by 0.53%, reporting an EPS of $5.67 versus an estimate of $5.64.

Revenue was down $564.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 1.61% increase in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 5.61 5.42 5.03 5.19
EPS Actual 5.69 5.15 5.03 5.40
Revenue Estimate 10.59B 10.98B 10.67B 10.43B
Revenue Actual 10.57B 10.69B 10.71B 11.45B

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.

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TMOThermo Fisher Scientific Inc
$424.25-0.56%

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