Thermo Fisher Scientific Q3 Earnings Climb 14%

(RTTNews) - Thermo Fisher Scientific (TMO) released a profit for its third quarter that gained ground from last year.

The company said its bottom line advanced to $923.5 million, or $2.31 per share. This was up from $808.5 million, or $2.03 per share, in last year's third quarter.

Analysts had expected the company to earn $2.25 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 14.0% to $5.12 billion. This was up from $4.49 billion last year.

Thermo Fisher Scientific earnings at a glance:

-Earnings (Q3): $923.5 Mln. vs. $808.5 Mln. last year. -Earnings Growth (Y-o-Y): 14.2% -EPS (Q3): $2.31 vs. $2.03 last year. -EPS Growth (Y-o-Y): 13.8% -Analysts Estimate: $2.25 -Revenue (Q3): $5.12 Bln vs. $4.49 Bln last year. -Revenue Change (Y-o-Y): 14.0%