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Thermo Fisher: Q2 Earnings Snapshot
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WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Thermo Fisher Scientific Inc. (TMO) on Thursday reported second-quarter profit of $1.74 billion.

The Waltham, Massachusetts-based company said it had net income of $4.68 per share. Earnings, adjusted for one-time gains and costs, came to $6.03 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $5.71 per share.

The maker of scientific instrument and laboratory supplies posted revenue of $11.99 billion in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $11.68 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TMO at https://www.zacks.com/ap/TMO

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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