Thermo Fisher reports Q2 adjusted EPS $5.15, consensus $5.42

Reports Q2 revenue $10.69B, consensus $10.98B. “The macroeconomic environment became more challenging in the second quarter. Economic activity in China slowed, and across the economy more broadly, businesses became more cautious in their spend,” said Marc Casper, chairman, president and CEO of Thermo Fisher Scientific. “The team is leveraging our PPI Business System to effectively manage through this dynamic environment.” Casper added, “Our experienced management team has a long track record of successfully navigating and capitalizing on dynamic macro environments. We are incredibly well positioned to create value for all of our stakeholders and ensure a bright future for our company.”