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Thermo Fisher Scientific beat earnings estimates, raised 2025 guidance, and announced a share buyback.
Thermo Fisher Scientific reported strong Q3 earnings, with $5.79 EPS and $11.12 billion in revenue, surpassing estimates and marking a 4.9% year-over-year growth.
The company raised its fiscal 2025 earnings guidance to $22.60–$22.86 per share and announced a share repurchase program.
Institutional investors increased their stakes, and the stock, trading at $585.19, has a consensus "Moderate Buy" rating and a price target of $601.65.
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Thermo Fisher Scientific superó las estimaciones de ganancias, elevó la previsión para 2025 y anunció una recompra de acciones.