Thermo Fisher Scientific Earnings Preview: Can This Streak Continue?

Thermo Fisher Scientific (NYSE:TMO) will report earnings before markets open on Wednesday, April 24th. Thermo Fisher Scientific, Inc. 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.

Here is your Cheat Sheet to Thermo Fisher Scientific Earnings:

Earnings Expectations: Analysts expect earnings of $1.29 per share on revenues of $3.18 billion. Currently, the company’s P/E ratio stands at 24.95.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.35 to a profit $1.34. For the current year, the average estimate is a profit of $5.42, which is the same as the estimate ninety days ago.

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Earnings Trends:

Here’s how Thermo Fisher Scientific has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 10,500 9,912 10,390 11,560 12,510
Diluted EPS ($) 2.25 2.01 2.53 3.46 3.21

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 3,050 3,100 3,108 3,086 3,216
Diluted EPS ($) 0.77 0.75 0.63 0.79 1.04

Past Performance:
Thermo Fisher Scientific has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]