Author: Eddy Elfenbein
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This morning, Thermo Fisher Scientific (TMO) reported Q4 earnings of $7.09 per share. This was a very good quarter. Wall Street had been expecting $6.56 per share. Q4 revenue grew by 54% to $10.55 billion.
Full-year revenue grew 26% to $32.22 billion, and full-year EPS increased 58% to $19.55.
On the earnings call, Termo said it expects 2021 earnings of $21.62 per share and revenue of $35.1 billion. Wall Street had been expecting $20.74 per share on revenue of $33.7 billion.