Thermo Fisher Scientific Revises 2019 Guidance
October 23 2019 - 6:48AM
Dow Jones News
By Patrick Thomas
Thermo Fisher Scientific Inc. (TMO) raised its financial targets
for the year on Wednesday.
The lab-equipment 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.
The company said the outlook reflects stronger operational
performance and the benefits of refinancing activities.
Write to Patrick Thomas at patrick.thomas@wsj.com
(END) Dow Jones Newswires
October 23, 2019 06:33 ET (10:33 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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