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Thermo Fisher Climbs on Strong 2022 Guidance

·1 min read
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Shares of Thermo Fisher Scientific jumped Friday afternoon after the laboratory diagnostics company that makes Covid-19 tests said it expects 12% revenue growth in 2022. Adjusted earnings for 2022 are expected to be $21.16 a share. Analysts polled by FactSet are modeling for revenue of $36.2 billion in 2022 with adjusted earnings of $20.04 per share.