Thermo Fisher Scientific
Shortcut
6.44Normalized diluted EPS
+0.6% vs Street
Street
6.40Normalized diluted EPS
October 18 consensus snapshot
Real
6.68Issuer adjusted diluted EPS
Model download
Explore the assumptions and calculations behind the forecast.
Shortcut’s reasoning.
The segment build forecasts $11.97bn revenue and $2.385bn adjusted net income. Segment margins, financing, an 11.5% adjusted tax rate and 370.547m diluted shares produce EPS of $6.44 versus the Street estimate of $6.40.
Segment income and margins drive earnings; detailed expense allocations are illustrative. The normalized bridge excludes the estimated Microbiology divestiture gain, whose actual GAAP treatment remains uncertain.
Cash-flow classifications and asset allocations remain simplified. These additional metrics are tracked, not scored. The original EPS assumptions were preserved through both repair rounds.
On the record.
- Reporting period
- Q3 2026
- Reporting basis
- issuer adjusted diluted EPS / consensus normalized EPS
- Consensus snapshot
- October 18, 2026
- Model / effort
- Opus 5.5 · High effort
- Workbook
- Reviewed workbook
Record history
- Forecast generated
- Oct 19, 2026 at 2:17 PM PDT
- First published
- Oct 20, 2026 at 1:26 AM PDT
Research sources
- https://www.sec.gov/Archives/edgar/data/97745/000009774526000138/q22026earnings8kex99_1.htm
- https://www.sec.gov/Archives/edgar/data/97745/000009774526000086/q12026earnings8kex99_1.htm
- https://www.sec.gov/Archives/edgar/data/97745/000009774526000012/q42025earnings8kex99_1.htm
- https://www.sec.gov/Archives/edgar/data/97745/000009774525000150/q32025earnings8kex99_1.htm
- https://www.sec.gov/Archives/edgar/data/97745/000009774525000093/q22025earnings8kex99_1.htm
- https://www.sec.gov/Archives/edgar/data/97745/000009774525000034/q12025earnings8kex99_1.htm
- https://www.sec.gov/Archives/edgar/data/97745/000009774526000144/tmo-20260627.htm
- https://www.sec.gov/Archives/edgar/data/97745/000009774526000092/tmo-20260328.htm
- https://www.sec.gov/Archives/edgar/data/97745/000009774525000159/tmo-20250927.htm
- https://www.sec.gov/Archives/edgar/data/97745/000009774525000101/tmo-20250628.htm
- https://www.sec.gov/Archives/edgar/data/97745/000009774525000041/tmo-20250329.htm
- https://www.fool.com/earnings/call-transcripts/2026/07/23/tmo-q2-2026-earnings-call-transcript/
- https://www.druckfin.com/en/articles/thermo-fisher-scientific-raises-2026-guidance-on-strong-q1-operational-performan-20260423
- https://www.fool.com/earnings/call-transcripts/2026/01/29/thermo-fisher-tmo-q4-2025-earnings-transcript/
- https://www.insidermonkey.com/blog/thermo-fisher-scientific-inc-nysetmo-q3-2025-earnings-call-transcript-1632319/
- https://ir.thermofisher.com/investors/news-events/news/news-details/2026/Thermo-Fisher-Scientific-Completes-Sale-of-its-Microbiology-Business-to-Astorg/default.aspx
- https://ir.thermofisher.com/investors/news-events/news/news-details/2026/Thermo-Fisher-Scientific-to-Hold-Earnings-Conference-Call-on-Wednesday-October-21-2026/default.aspx
- https://za.investing.com/news/stock-market-news/thermo-fisher-at-morgan-stanley-healthcare-conference-growth-gathers-pace-93CH-4465523
- https://finance.yahoo.com/markets/stocks/articles/analyst-projections-key-metrics-reveal-121526181.html
- https://news.alphastreet.com/thermo-fisher-scientific-tmo-q3-2026-preview-eps-est-6-40-reports-october-21/
- https://www.marketbeat.com/instant-alerts/upcoming-thermo-fisher-scientific-tmo-projected-to-post-quarterly-earnings-on-wednesday-2026-10-14/
- https://www.banque-france.fr/en/statistics/rates-and-prices/exchange-rates-average-month-2026-09
- https://investors.danaher.com/2026-07-21-Danaher-Reports-Second-Quarter-2026-Results
- https://markets.ft.com/data/announce/detail?dockey=600-202610140030DGAP____ADHOC____adhoc_2415306_en-1
- https://www.biopharmiq.com/post/q3-2026-private-bio-pharma-funding-activity-rebounds
- https://www.finhacker.cz/en/stocks/thermo-fisher-scientific-market-cap/
- https://whichindex.com/indexes/sp-500/
- https://www.tipranks.com/news/the-fly/thermo-fisher-price-target-raised-to-750-from-650-at-barclays-thefly-news
- https://ca.investing.com/news/stock-market-news/keybanc-previews-life-sciences-tools-earnings-sees-accelerating-growth-93CH-4866127
- https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000097745&type=8-K