Thermo Fisher Scientific (NYSE:TMO) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Thermo Fisher Scientific beat estimated earnings by 17.31%, reporting an EPS of $7.25 versus an estimate of $6.18.
Revenue was up $1.91 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.28 which was followed by a 1.52% drop in the share price the next day.
Here's a look at Thermo Fisher Scientific's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 5.26 | 4.67 | 5.49 | 6.65 |
| EPS Actual | 6.54 | 5.76 | 5.60 | 7.21 |
| Revenue Estimate | 9.29B | 8.39B | 8.77B | 9.72B |
| Revenue Actual | 10.70B | 9.33B | 9.27B | 9.91B |
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.
