• Wed. Sep 28th, 2022

Thermo Fisher Scientific: Q2 Earnings Insights

ByBenzinga Insights

Jul 28, 2022
Thermo Fisher Scientific: Q2 Earnings Insights

 

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.



Image and article originally from www.benzinga.com. Read the original article here.