Investing.com - Thermo Fisher Scientific (NYSE:TMO) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Thermo Fisher Scientific announced earnings per share of $5.63 on revenue of $8.52B. Analysts polled by Investing.com anticipated EPS of $4.31 on revenue of $7.65B.
Thermo Fisher Scientific shares are up 43% from the beginning of the year, still down 1.81% from its 52 week high of $473.84 set on October 16. They are outperforming the S&P 500 which is up 6.57% from the start of the year.
Thermo Fisher Scientific follows other major Healthcare sector earnings this month
Thermo Fisher Scientific's report follows an earnings beat by J&J on October 13, who reported EPS of $2.2 on revenue of $21.08B, compared to forecasts EPS of $1.98 on revenue of $20.2B.
Intuitive Surgical had beat expectations on October 15 with third quarter EPS of $2.77 on revenue of $1.08B, compared to forecast for EPS of $2.06 on revenue of $970.98M.
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