earnings
confidence high
sentiment positive
materiality 0.82
Thermo Fisher Q1 rev $10.34B (-3%), GAAP EPS $3.46 (+4%), raises FY guidance
THERMO FISHER SCIENTIFIC INC.
2024-Q1 EPS reported
$3.46
revenue$10,345,000,000
- GAAP diluted EPS $3.46 vs $3.32 YoY; adjusted EPS $5.11 vs $5.03 (+2%).
- Revenue $10.34B, down 3%; organic revenue -4%, core organic -3%.
- Raises FY2024 revenue guidance to $42.3-43.3B (prev $42.1-43.3B).
- FY2024 adjusted EPS guidance raised to $21.14-22.02 (prev $20.95-22.00).
- Repurchased $3.0B of stock in Q1 and increased dividend by 11%.