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Thermo Fisher Scientific (TMO) Earnings Preview For Upcoming Quarterly Earnings Release Date

Robert Weinstein's picture

Thermo Fisher Scientific Inc. (NYSE:TMO) is expected to report last fiscal quarter's results before the opening bell on February 01, 2012. Let's review how Thermo Fisher Scientific has performed in recent quarters.
 

Thermo Fisher Scientific, Inc. provides analytical instruments, equipment, reagents and consumables, software, and services for research, manufacture, analysis, discovery, and diagnostics. The company was founded in 1956 and is headquartered in Waltham, Massachusetts.

52 Week High: $65.86
52 Week Low:  $43.06
Book Value:    $40.17
Float Short:    &nbsp&nbsp1.05%

Analysts are expecting an improvement of $0.08 in earnings per share compared to last quarter's results of $1.07. A beat of $1.15 per share, will top the estimated per share earnings. Analyst estimates range between $1.12 and $1.2 per share.

The current trailing twelve months P/E ratio is 13.5. The forward P/E ratio is 11.34.
From a month ago, the stock has increased in price 16.66%, and moving in price -9.32% from one year ago.

Investors have been rewarded with an increase of year-over-year revenue. Revenue reported was $10.79 billion for 2010 vs. $10.11 billion for 2009. The bottom line has rising earnings year-over-year of $1.04 billion for 2010 vs. $850.30 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $1.26 billion for 2010 vs. $1.05 billion for 2009. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure that the bottom line is keeping up with the top line.

Here is a look at the fiscal year revenue.
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Here is the last few quarters to get an idea how well they perform compared to estimates
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Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for TMO
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The number of days to cover short interest based on average daily trading volume for TMO
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Thank you for reading my article. Please also feel free to share your thoughts and comments.

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

Robert Weinstein Google+

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(NYSE:TMO)
Thermo Fisher Scientific Inc.
Thermo Fisher Scientific (NYSE:TMO) Earnings Preview with Paid2Trade