Investing.com - Thermo Fisher Scientific (NYSE:TMO) reported third quarter earnings and revenue that topped forecasts on Wednesday.
The firm reported earnings per share of $2.62 on revenue of $5.92B. Analysts polled by Investing.com expected EPS of $2.55 on revenue of $5.71B. That compared to EPS of $2.31 on revenue of $4.99B in the same period a year earlier. The company had reported EPS of $2.75 on revenue of $6.08B in the previous quarter.
For the year, Thermo Fisher Scientific shares are up 17.05%, outperforming the S&P 500 which is up 2.12% year to date.
Thermo Fisher Scientific follows other major Healthcare sector earnings this month
On October 16, J&J (NYSE:JNJ) reported third quarter EPS of $2.05 on revenue of $20.35B, compared to forecasts of EPS of $2.03 on revenue of $20.04B.
Novartis ADR earnings beat analyst's expectations on October 18, with third quarter EPS of $1.32 on revenue of $12.78B. Investing.com analysts expected EPS of $1.31 on revenue of $12.98B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar