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Wednesday, October 27, 2021

Thermo Fisher Raises 2021 Sales, Earnings Guidance

 Thermo Fisher Scientific Inc. Wednesday raised its full-year earnings guidance after the company surpassed analysts' expectations for sales and profits in the latest quarter.

Thermo Fisher now expects sales of $37.1 billion this year, a $1.2 billion increase over the company's previous guidance. That would be 15% revenue growth over last year.

The company also raised its adjusted earnings guidance to $23.37, a $1.30 a share increase.

Analysts had been forecasting earnings of $22.21 a share and sales of $36.1 billion.

https://www.marketscreener.com/quote/stock/THERMO-FISHER-SCIENTIFIC-14623/news/Thermo-Fisher-Raises-2021-Sales-Earnings-Guidance-36795640/

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