TMO Thermo Fisher Scientific Stock Price

We would expect that the analytical insurance business will be a really nice contributor to our growth for the year, and I think it’s reasonable to assume that the growth normalizes more in the second half. As an assumption, it’s not that I see something different or something happening in the market conditions, but our visibility is typically six months. So at the end of the first quarter, we’ll have good visibility into the third quarter, and we’ll keep you posted. The revenue synergies, the way I would think about it is in two phases.

This reflects a positive earnings surprise of 4.05%. Look out for TMO’s next earnings release expected on April 27, 2023. For the next earning release, we expect the company to report earnings of $4.95 per share, reflecting a year-over-year decrease of 31.72%.

For the full year, reported revenue in the segment increased 9%, and organic revenue increased 14%. Q4 adjusted operating income in the segment increased 25%. And adjusted operating margin was 25.4%, up 330 basis points year-over-year. In Q4, North America grew in the low single digits, Europe declined in the low teens, Asia Pacific in the mid-single digits, with China declining in the mid-single digits, and rest of the world declined high single digits. On a core organic growth basis, all regions had strong growth in 2022.

Good morning, ladies and gentlemen, and welcome to the Thermo Fisher Scientific 2022 fourth-quarter conference call. My name is Brika, and I will be your event specialist running today’s call. I would like to introduce our moderator for the call, Mr. Rafael Tejada, vice president, investor relations.

We’ll provide transparency during the year about the different components as we always do so that investors can understand how we’re getting there. But I feel great about the outlook, and I’m very proud of what the team delivered last year. But when I think about the $500 million, right, and when I look at that, that number is primarily related to our pharma services activity. It’s around actually producing the active pharmaceutical ingredients for the therapies.

TMO Long-Term Technical Analysis

The products and services we provide to our customers help them tackle some of the world’s greatest challenges. We also contribute by operating responsibly and by giving back to the communities in which we live and work. For their last quarter, Thermo Fisher Scientific reported earnings of $5.40 per share, beating the Zacks Consensus Estimate of $5.19 per share.

Why is TMO stock down today?

Thermo Fisher Scientific (TMO) shares are dropping after the company lowered its full year revenue and earnings guidance on Wednesday.

In Q4, revenue was approximately 40% lower than the prior-year quarter and 25% lower than full year 2021. The team delivered good core business growth during the year led by our microbiology and transplant diagnostic businesses as well as our healthcare market channel. I’ll now turn to our growth strategy, which is delivering differentiated performance and setting us up for an even brighter future. In academic and government, we grew in the mid-single digits for both the quarter and for the full year. We delivered strong growth across a range of our businesses, including biosciences, electron microscopy, chromatography, and mass spectrometry, as well as in the restructured safety market channel.

Barchart Technical Opinion

The second pillar of our growth strategy is leveraging our scale in high-growth and emerging markets to create a differentiated experience for our customers. We continue to strengthen our capabilities serving these markets during the year, and I’ll highlight a recent example. Turning to the third pillar of our growth strategy. In 2022, we extended our industry-leading Thermo Scientific Orbitrap portfolio, launching the Orbitrap Ascend Tribrid mass spectrometer, advanced proteomics, metabolomics, and cancer biomarker research. We also launched the Thermo Scientific TRACE 1600 Series Gas Chromatograph to advance analytical testing for food, environmental, industrial, and pharmaceutical applications.

And that’s what’s super cool about Thermo Fisher because it’s our job to manage the dynamics, and do it great, and do a great job for our investors. So I’m excited for what the world here holds in 2023 and beyond. And I would expect that based on some of the COVID comparisons of the first half of 2022 that you’ll see more normalization in the first half. Stronger in the second half is the pattern, but it’s a good business with incredibly bright prospects. So from that perspective, I feel good about how the team is managing and what the — what ’23 will contribute, and what the long term is going to be fantastic.

What is an ER date?

Earnings Release Date means, the date of the Company's public disclosure of its earnings for the applicable fiscal quarter.

And slightly, margins were slightly different in Q4 than we had in the prior guide. And as you know, we’ve also built out a very strong presence in enabling the next generation of semiconductors, battery applications, the most advanced aspects of material science. It’s a different market position than really anybody else has in the industry. Our adjusted tax rate in the quarter was 12.8%, which is 100 basis points lower than Q4 last year, reflecting the results of our tax planning activities. For the full year, the adjusted tax rate was 13% or 160 basis points lower than 2021.

Latest On Thermo Fisher Scientific Inc

So in terms of football, hope springs eternal until the person out. In terms of the bioproduction business, what I would say is a few points. Obviously, not every single player has reported, but a couple of them have.

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And for the full year, adjusted operating income decreased 29%. And adjusted operating margin was 41.2%, a decrease of 880 basis points versus 2021. In the analytical instruments segment, reported revenue increased 9% in Q4, and organic growth was 14%. For the full year, adjusted operating income decreased 20%. And adjusted operating margin was 21.5%, down 110 basis points versus 2021.

  • So a really strong end market, including the disruption from Q1.
  • And throughout 2022, we brought new capacity and capabilities online for pharma services, bioproduction, and clinical research services.
  • Our solutions are helping customers advance their cell and gene therapy programs.

The dark blue line represents the company’s actual earnings per share. The light blue area represents the range of Wall Street analysts’ earnings estimates for each quarter. This is a 2% year-over-year increase, consisting of a 10% headwind from testing, more than offset by a 12% increase, driven by the core business.

Financial Position

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But it really depends on the mix and also changes in currency, and our job is to manage the whole thing and deliver great results. And our colleagues are very excited about the combination. So as I think about the different elements of performance, the book-to-bill was very positive.

In addition, in Q4, we generated $370 million of COVID-19 testing revenue, $3.1 billion for the full year. Taking a step back and thinking about the top-line performance for the year, I’m really proud of what the team delivered. We offset $4.2 billion less testing revenue, which was a headwind of over 10%, and still delivered slightly positive organic growth for the year. We also continue to build our genetic sciences capabilities to help our customers understand, diagnose, and treat disease. During the fourth quarter, our SeCore CDx HLA sequencing system was granted marketing authorization by the U.S.

TMO Earnings History

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On Feb 3, 2014, Thermo Fisher acquired Life Technologies… In the latest trading session, Thermo Fisher Scientific closed at $559.44, marking a +1.95% move from the previous day. Certain financial information included in is proprietary to Mergent, Inc. (“Mergent”) Copyright © 2014.

Barchart uses Zack’s earnings estimates, generated by their market analysts and used to project profitability. Earnings Estimates are available only for US equities. In the last 12 months, operating cash flow was $9.15 billion and capital expenditures -$2.22 billion, giving a free cash flow of $6.94 billion. Analyst Ranking shows you which stocks Wall Street analysts like the most. Since analysts build valuation models, this is most useful for medium to long-term investors who are interested in a valuation-based approach. If it’s materially different than that, meaning that if the market conditions look anything like they look last year, we’re going to grow well above the core guidance.

It’s packed with all of the company’s key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, 2019 bentley continental gt v8 drive review graphical estimate analysis and how a stocks stacks up to its peers. Thermo Fisher Scientific Inc. stock is trading on the New York Stock Exchange under the ticker symbol TMO.

Thanks to our colleagues, our company delivers spectacular 2022, and I couldn’t be more excited for 2023. I’ll get into more of the details in my remarks later, but first, let me recap the financials. Good morning, everyone, and thanks for joining us today for our fourth quarter call and a wrap-up of a truly exceptional year for Thermo Fisher Scientific. We delivered another quarter of outstanding results in Q4. And as I reflect on the year, three things stand out to me.

What is Thermo Fisher scientific value?

Thermo Fisher's 4i Values of Integrity, Intensity, Innovation, and Involvement make up our culture and guide our colleagues' interaction – with our customers, suppliers, and partners, and with each other. These four values are the very foundation of our culture and are fundamental to our CSR approach.

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