Thermo Fisher Scientific-Thermo Fisher (TMO) Beats on Q2 Earnings, Raises 2024 EPS View

Thermo Fisher Scientific Inc.'s (TMO) second-quarter 2024 adjusted earnings per share (EPS) of $5.37 topped the Zacks Consensus Estimate by 4.9%. The figure also rose 4.3% year over year. GAAP EPS was$ 4.04, up 15.1% on a year-over-year basis. Segment Details Revenues in the Life Sciences Solutions segment (22.3% of total revenues) declined 4.4% year over year to $2.36 billion, while Analytical Instruments Segment sales (16.9%) rose 1.9% to$ 1.78 billion. Our model projected revenues of $2.26 billion for th ...