Thermo Fisher Scientific shares are trading lower after the company reported mixed Q3 financial results and lowered FY23 adjusted EPS and sales guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Thermo Fisher Scientific reported mixed Q3 financial results and lowered its FY23 adjusted EPS and sales guidance below estimates, leading to a drop in its share price.
October 25, 2023 | 1:23 pm
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NEGATIVE IMPACT
Thermo Fisher Scientific's stock price is trading lower due to mixed Q3 results and lowered FY23 EPS and sales guidance.
Thermo Fisher Scientific's mixed Q3 results and lowered FY23 guidance are likely to negatively impact investor sentiment, leading to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100