Thermo Fisher Scientific Q2 Adjusted EPS $5.15 Misses $5.42 Estimate, Sales $10.69B Miss $10.98B Estimate
Portfolio Pulse from Benzinga Newsdesk
Thermo Fisher Scientific reported Q2 earnings of $5.15 per share, missing the analyst consensus estimate of $5.42 by 4.98%. This is a 6.53% decrease from the same period last year. The company also reported quarterly sales of $10.69 billion, missing the analyst consensus estimate of $10.98 billion by 2.67%. This is a 2.58% decrease from the same period last year.
July 26, 2023 | 10:01 am
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Thermo Fisher Scientific's Q2 earnings and sales missed estimates, marking a decrease from the same period last year.
Thermo Fisher Scientific's earnings and sales for Q2 missed the analyst consensus estimates. This underperformance, coupled with a decrease from the same period last year, could negatively impact the company's stock price in the short term.
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