— Jeff Ward, Lehigh Valley News Briefs
April 22, 2025
Thermo Fisher Scientific, a maker of laboratory and medical equipment, will report first-quarter results early Wednesday and hold a conference call at 8:30 a.m.
Thermo Fisher (NYSE:TMO) stock has been a dud for awhile. The company is based in Waltham, Massachusetts, and has operations in the Lehigh Valley. It was trading at $435.61 at 1:07 p.m., well off its 52-week high of $627.88.
Thermo shares were down even before the recent tariff-related market turmoil. Go back two years, and they were trading around $570. The quarterly dividend is 43 cents, for a yield of 0.41%.
Zacks Investment estimates first-quarter earnings at $5.10 per share, and revenue for the quarter of $10.25 billion.
For more information and to see earnings results on Wednesday, see the company website.
–Disclosure: I own shares in Thermo Fisher. I wish I had bought something else. Maybe a turnaround is on the horizon, but it’s a slow train comin’.
Lehigh Valley News Briefs 