Earnings Preview: Thermo Fisher

Published on Tuesday, 31 January 2012 11:08 Written by Danny Miller

New York, January 31st (TradersHuddle.com) - Shares of Thermo Fisher Scientific, Inc. (NYSE:TMO) are trading higher by +0.50% ahead of its quarterly earnings release. Thermo Fisher, the scientific instruments and laboratory equipment maker is expected to release its quarterly results on January 1^st.

Wall Street Analysts consensus calls for a profit of $1.15 a share on $3.08 billion revenue.

Thermo Fisher estimates have a range of $0.05 a share. The high estimate calls for profit of $1.17 a share and the low estimate is calling for a profit of $1.12 a share, a year ago for the quarter the company reported $1 a share.

Thermo Fisher Scientific, Inc. (NYSE:TMO) manufactures scientific instruments, consumables, and chemicals. The Company offers analytical instruments, laboratory equipment, software, services, consumables, reagents, chemicals, and supplies to pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions, and government agencies.