Thermo Fisher Scientific Inc (LIM:TMO)

$ 607.5 0 (0%) Market Cap: 209.20 Bil Enterprise Value: 237.87 Bil PE Ratio: 34.29 PB Ratio: 4.27 GF Score: 95/100

Q3 2024 Thermo Fisher Scientific Inc Earnings Call Transcript

Oct 23, 2024 / 12:30PM GMT

Release Date Price: $607.5

Transcript 10-Q8-K

Key Points

Positve

Thermo Fisher Scientific Inc (TMO) delivered strong financial performance with a revenue of $10.6 billion and an adjusted EPS of $5.28 per share.
The company raised its adjusted EPS guidance for the year, reflecting confidence in continued strong performance.
Thermo Fisher Scientific Inc (TMO) launched several high-impact innovations, including the Thermo Scientific Iliad scanning transmission electron microscope and the Applied Biosystems magnetic sequential DNA RNA kit.
The company reported strong growth in its electron microscopy business and in its research and safety market channel.
Thermo Fisher Scientific Inc (TMO) successfully executed its disciplined capital deployment strategy, including strategic M&A and returning capital to shareholders.

Negative

Pharma and biotech segments experienced a low single-digit decline, impacted by a headwind from the runoff of vaccine and therapy revenue.
Diagnostics and healthcare growth was flat for the quarter, affected by the runoff of COVID-19 testing-related revenue.
The company's adjusted operating margin decreased by 190 basis points compared to the previous year.
Organic revenue growth was flat year-over-year, with a 3% headwind from pandemic-related revenue.
China's economic activity remained muted, impacting demand in the analytical instruments segment.

Operator

Good morning, ladies and gentlemen, and welcome to the Thermo Fisher Scientific 2020 for third quarter conference call. My name is Andrea, and I'll be your coordinator today.(operator Instructions). I would like to introduce our moderator for the call, Mr. Rafael Tejada, Vice President, Investor Relations, Mr., Tejada to how that you may begin the call.

Rafael Tejada

Thermo Fisher Scientific Inc - Vice President - Investor Relations

Good morning, and thank you for joining us. On the call with me today is Marc Casper, our Chairman, President and Chief Executive Officer, and Stephen Williamson, Senior Vice President and Chief Financial Officer. Please note, this call is being webcast live and will be archived on the Investors section of our website, thermofisher.com under the heading News Events and Presentations until November sixth, 2020. For a copy of the press release of our third quarter 2020 for earnings is available in the Investors section of our website under the heading Financials.

So before we begin, let me briefly cover our Safe Harbor

Already have an account? Log in

Get the full story

Start 7-Day Free Trial

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

You are not charged until the trial ends. Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文

Education

Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.