Thermo Fisher reports quarterly profit beat; shares down

Thermo Fisher Scientific

23/04/2026 11:20

** Shares of medical equipment maker Thermo Fisher TMO.N  fall 3.7% to $494.96 premarket

** Co reports Q1 adjusted profit of $5.44 per share vs analysts' average estimate of $5.24 per share – LSEG

** Co posts Q1 revenue of $11.01 billion vs estimate of $10.85 billion – LSEG

** Co says it will provide updated 2026 financial guidance during its earnings call at 8:30 a.m. ET

** As of last close, stock down ~11% YTD

 (Reporting by Sahil Pandey in Bengaluru)

 ((Sahil.Pandey@thomsonreuters.com))