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Stock impact report

Why Thermo Fisher (TMO) Stock Is Nosediving [Yahoo! Finance]

Thermo Fisher Scientific Inc (TMO) 
Last thermo fisher scientific inc earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Although Thermo Fisher posted higher-than-expected revenue of $11.01 billion and adjusted earnings per share of $5.44, investors focused on the source of the growth. The company's organic revenue, which strips out one-time events like acquisitions and currency fluctuations, grew by only 1% year on year. This figure missed expectations and signaled a slowdown in the company's main business. The weak underlying performance appeared to outweigh the headline beats on revenue and earnings, prompting a negative reaction from the market as investors seemed to be hoping for a stronger result. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Thermo Fisher? Access our full analysis report here, it's free What Is The Market Telling Us Thermo Fisher's shares are not very volatile and have only had 5 moves greater than 5% over the last year. Moves this big are rare for Thermo Fisher and indicate this n Show less Read more
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