Thermo Fisher Scientific on Pace for Largest Percent Increase Since April 2017 -- Data Talk
October 23 2019 - 11:44AM
Dow Jones News
Thermo Fisher Scientific Inc. (TMO) is currently at $297.06, up
$16.07 or 5.72%
-- Would be highest close since Sept. 13, 2019, when it closed
at $297.65
-- On pace for largest percent increase since April 26, 2017,
when it rose 5.79%
-- Earlier Wednesday, Thermo Fisher Scientific reported a
third-quarter profit of $760 million, or $1.88 a share, compared
with $709 million, or $1.75 a share, a year ago. The company
reported adjusted earnings of $2.94 a share. Analysts polled by
FactSet were expecting earnings of $2.00 a share, or $2.87 a share
on an adjusted basis
-- The company raised the low end of its revenue guidance for
its 2019 fiscal year to between $25.34 billion and $25.50 billion
from $25.30 billion to $25.50 billion. The company also increased
its adjusted earnings outlook to $12.28 to $12.34 a share, compared
with its previous guidance of $12.16 to $12.26 a share
-- Up 1.99% month-to-date; on pace for best month since Aug.
2019, when it rose 3.38%
-- Up 32.74% year-to-date; on pace for best year since 2017,
when it rose 34.57%
-- Down 2.74% from its all-time closing high of $305.43 on July
3, 2019
-- Up 34.68% from 52 weeks ago (Oct. 24, 2018), when it closed
at $220.56
-- Down 2.74% from its 52 week closing high of $305.43 on July
3, 2019
-- Up 42.5% from its 52 week closing low of $208.47 on Dec. 24,
2018
-- Third best performer in the S&P 500 today
All data as of 11:06:49 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 23, 2019 11:29 ET (15:29 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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