[ad_1]
Thermo Fisher Scientific TMO reported its Q2 earnings results on Thursday, July 28, 2022 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Thermo Fisher Scientific beat estimated earnings by 10.42%, reporting an EPS of $5.51 versus an estimate of $4.99.
Revenue was up $1.70 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.07 which was followed by a 1.07% drop in the share price the next day.
Here’s a look at Thermo Fisher Scientific’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 6.18 | 5.26 | 4.67 | 5.49 |
| EPS Actual | 7.25 | 6.54 | 5.76 | 5.60 |
| Revenue Estimate | 10.63B | 9.29B | 8.39B | 8.77B |
| Revenue Actual | 11.82B | 10.70B | 9.33B | 9.27B |
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.
[ad_2]
Image and article originally from www.benzinga.com. Read the original article here.