Advertisement
Thermo Fisher Scientific Guides FY23 Above Estimates - Update
(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, Thermo Fisher Scientific Inc. (TMO) initiated adjusted earnings and revenue guidance for the full-year 2023.
Looking ahead to fiscal 2023, the company now projects adjusted earnings of $23.70 per share on revenues of $45.3 billion, with core organic revenue growth of 7 percent.
On average, analysts polled by Thomson Reuters are expecting the company to report earnings of $23.21 per share in revenues of $43.96 billion for the year. Analysts typically exclude one-time items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
Canadian Dollar Drops Against Most Majors
The Canadian dollar fell against its most major counterparts in the New York session on Friday.
RTTNews
|
17h 39min ago
Swiss Market Settles Moderately Lower
The Switzerland market ended weak on Friday, in line with markets across Europe, as investors chose to trim down positions at several counters, continuing to react to earnings updates and assessing the developments on the trade front.
RTTNews
|
22h 1min ago
European Markets Close Weak After Cautious Session
European markets closed weak on Friday, as investors reacted to a slew of earnings updates, regional economic data, and continued to assess the recent policy announcements from major central banks, and the developments on the trade front.
RTTNews
|
22h 25min ago
Canadian Market Marginally Down As Stocks Swings Between Gains And Losses
After an early upmove and a subsequent fall into negative territory, the Canadian market recovered a bit on Friday, but slipped again in cautious trade.
RTTNews
|
23h 12min ago
Chicago Business Barometer Climbs More Than Expected But Still Indicates Contraction
A reading on Chicago-area business activity increased by more than expected in the month of October but continued to indicate contraction, according to a report released by MNI Indicators on Friday. The report said the Chicago business barometer climbed to 43.8 in October after slipping to 40.6 in September. Economists had expected the index to show a more modest increase to 42.3.
RTTNews
|
1 day ago
Eurozone Inflation Softens On Energy Prices
Eurozone inflation softened in October largely due to the fall in energy prices, while core consumer prices registered a steady growth, official data revealed Friday. The harmonized index of consumer prices rose 2.1 percent on a yearly basis, following a 2.2 percent rise in September, flash estimate from Eurostat showed. Inflation came in line with expectations.
RTTNews
|
1 day ago
Bay Street May Open On Positive Note
The Canadian market may open on a positive note on Friday as technology stocks are likely to see some brisk buying thanks to encouraging earnings guidance from U.S. tech majors Apple Inc., and Amazon.
RTTNews
|
1 day ago
FTSE 100 Modestly Lower; Bank Stocks Among Notable Losers
The UK stock market's benchmark index FTSE 100 is down in negative territory on Friday, weighed down by losses in the banking sector. After nine successive days of gains, the index looks likely to settle on a weak note today.
RTTNews
|
1 day ago
