Analysts Estimate Thermo Fisher Scientific (TMO) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Thermo Fisher Scientific is expected to report a year-over-year decline in earnings and revenues, with the stock's movement heavily dependent on how actual results compare to consensus estimates [3][6][11]. Revenue and Earnings Expectations - Revenues for the upcoming quarter are projected to be $10.51 billion, reflecting a decrease of 1.7% compared to the same quarter last year [2]. - The expected earnings per share (EPS) for Thermo Fisher is $5.13, indicating a year-over-year change of -0.4% [13]. Earnings Surprise Prediction - The Zacks Earnings ESP (Expected Surprise Prediction) model indicates a negative Earnings ESP of -0.43%, suggesting analysts have become bearish on the company's earnings prospects [6][15]. - The consensus EPS estimate has been revised 0.14% lower over the last 30 days, indicating a reassessment by covering analysts [14]. Historical Performance - Over the last four quarters, Thermo Fisher has beaten consensus EPS estimates three times, which may influence expectations for the upcoming report [9][18]. - For the last reported quarter, the company was expected to post earnings of $4.70 per share but delivered $5.11, resulting in a surprise of +8.72% [18]. Analyst Sentiment - The current Zacks Rank for Thermo Fisher is 2 (Buy), which may provide some support for the stock despite the negative Earnings ESP [17].