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Tuesday, December 1, 2020

Thermo Fisher expects stronger Q4

 

  • Thermo Fisher (TMO +1.3%sees FY adjusted EPS of $19.17, beating consensus estimate $18.32, representing growth of 55% over 2019, compared to the original expected growth of 48% provided on October 21.
  • Forecasts Q4 organic revenue growth 40%, compared to original expectation of 29%, driven by increased levels of organic growth in both the base business and COVID-19 response revenue.
  • https://seekingalpha.com/news/3640532-thermo-fisher-expects-stronger-fourth-quarter

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