WASHINGTON (dpa-AFX) - Thermo Fisher Scientific (TMO) announced a profit for its first quarter that climbed from last year.
The company said its bottom line rose to $717.1 million, or $1.80 per share. This was up from $655.6 million, or $1.63 per share, in last year's first quarter.
Analysts had expected the company to earn $1.74 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 9.4% to $4.29 billion. This was up from $3.92 billion last year.
Thermo Fisher Scientific earnings at a glance:
-Earnings (Q1): $717.1 Mln. vs. $655.6 Mln. last year. -Earnings Growth (Y-o-Y): 9.4% -EPS (Q1): $1.80 vs. $1.63 last year. -EPS Growth (Y-o-Y): 10.4% -Analysts Estimate: $1.74 -Revenue (Q1): $4.29 Bln vs. $3.92 Bln last year. -Revenue Change (Y-o-Y): 9.4%
-Guidance: Full year EPS guidance: $8.05 - $8.19 Full year revenue guidance: $17.86 - $18.04 Bln
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