Last quarter Thermo Fisher (TMO) topped estimates by 6 cents per share, and it is scheduled to report again on Wednesday.

Expectations

Analysts currently expect Thermo Fisher to come in with earnings of $1.16 per share on revenues of $3.06 billion. Analyst estimates range from earnings per share to earnings per share. The average estimate has shown no movement over the last three months.

Stock Movement

The stock fell $3.25 per share between May 8, 2012 and May 18, 2012.

Company Fundamental Trends
On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 9.4% in the second quarter of the last fiscal year, 10.8% in the third quarter of the last fiscal year and 12.7% in the fourth quarter of the last fiscal year before increasing again in the first quarter. The company will try to take advantage of the positive momentum from last quarter's income increase heading into this earnings announcement. Profit rose in the first quarter after net income declines during the third quarter of the last fiscal year and fourth quarter of the last fiscal year.

Stock Ratings

Analysts are bullish on the stock as 12 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose 10% to $277.3 million ($1.50 a share) from $252.2 million (64 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 13.9% to $3.1 billion from $2.72 billion.

Summary

 

Reporting Period: 2Q

Date of Release: Wednesday, July 25, 2012 before market open

EPS: $1.16

Revenue Estimate: $3.06 billion

 

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)