By Matt Grossman
Thermo Fisher Scientific Inc. Wednesday raised its full-year earnings guidance after the company surpassed analysts' expectations for sales and profits in the latest quarter.
Thermo Fisher now expects sales of $37.1 billion this year, a $1.2 billion increase over the company's previous guidance. That would be 15% revenue growth over last year.
The company also raised its adjusted earnings guidance to $23.37, a $1.30 a share increase.
Analysts had been forecasting earnings of $22.21 a share and sales of $36.1 billion.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
10-27-21 0631ET