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 $5.08 on revenue of $10.68. Analysts polled by Investing.com anticipated EPS of $4.81 on revenue of $9.92B.
Thermo Fisher Scientific shares are down 22% from the beginning of the year, still down 23.46% from its 52 week high of $672.34 set on December 31, 2021.
Thermo Fisher Scientific follows other major Healthcare sector earnings this month
Thermo Fisher Scientific's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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