Thermo Fisher Scientific Reports Fourth Quarter and Full Year 2019 Results
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Thermo Fisher Scientific (TMO) Tops Q4 EPS by 1c, Revenues Beat
January 30, 2020 6:02 AM ESTThermo Fisher Scientific (NYSE: TMO) reported Q4 EPS of $3.55, $0.01 better than the analyst estimate of $3.54. Revenue for the quarter came in at $6.83 billion versus the consensus estimate of $6.78 billion.
Fourth Quarter and Full Year 2019 Highlights
Fourth quarter revenue increased 5% to $6.83 billion.Fourth quarter GAAP diluted earnings per share (EPS) increased 12% to $2.49.Fourth quarter adjusted EPS increased 9% to $3.55. Full year revenue grew 5% to $25.54 billion.Full year GAAP diluted EPS increased 27% to $9.17.Full year adjusted EPS increased 11% to $12.35. Delivered another excellent year of high-impact innovation, launching new products across... More