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Barchart
Barchart
Rashmi Kumari

Thermo Fisher Earnings Preview: What to Expect

Thermo Fisher TMO

Based in Waltham, Massachusetts, Thermo Fisher Scientific Inc. (TMO) is a global leader in serving science, providing innovative technologies, consumables, and services for healthcare, life sciences, and other applied markets. With a market cap of $204.71 billion, TMO is renowned for its comprehensive product portfolio that enhances scientific research, clinical diagnostics, and laboratory operations. The company is set to announce its fiscal Q2 earnings results before the market opens on Wednesday, Jul. 24.

Ahead of the event, analysts expect TMO to report a profit of $5.13 per share, down marginally from $5.15 per share in the year-ago quarter. In the last four quarters, the company has surpassed Wall Street’s bottom-line estimates in three and missed on another occasion.

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