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Jul 03, 2021
Thermo Fisher Q2 2021 Earnings Report
Thermo Fisher Scientific reported strong second-quarter results driven by revenue growth and societal response to the pandemic.
Key Takeaways
Thermo Fisher Scientific reported a strong second quarter with a 34% increase in revenue to $9.27 billion and a 44% increase in adjusted EPS to $5.60. The company also raised its full-year revenue and adjusted EPS guidance.
Second quarter revenue increased 34% to $9.27 billion.
Second quarter GAAP diluted earnings per share (EPS) increased 59% to $4.61.
Second quarter adjusted EPS increased 44% to $5.60.
The company is raising its revenue guidance by $300 million to $35.90 billion.
Revenue by Segment
Forward Guidance
Thermo Fisher is raising its 2021 revenue and earnings guidance.
Positive Outlook
- The company is raising its revenue guidance by $300 million to $35.90 billion.
- This would result in 11% revenue growth over 2020.
- The company is raising its adjusted EPS guidance by $0.10 to $22.07.
- This would represent 13% growth year over year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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