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Research Alert: Thermo Fisher Scientific: Q1 Results Top Estimates As Clario Acquisition Closes

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:TMO delivered Q1 top- and bottom-line beats with adjusted EPS of $5.44 vs. the $5.15 consensus and revenue of $11.01B (+6% Y/Y), though organic growth remained modest at 1% as the $8.9B Clario acquisition contributed significantly to performance. Mixed segment performance showed Life Sciences Solutions strength at $2.64B (+13% Y/Y) with improved 36.2% margin benefiting from the Solventum acquisition, while Analytical Instruments faced flat revenue and significant margin compression to 20.7% from 23.2% the prior year reflecting ongoing equipment spending pressures. FCF surged to $825M from $373M, supporting return of capital to shareholders. TMO returned $3.0B through share repurchases and increased its dividend 10%. The company plans to update 2026 financial guidance during the upcoming earnings call. We believe the robust cash flow performance and disciplined capital allocation activities support TMO's operational resilience despite the challenging life sciences tools operating environment.

$TMO

Research1d ago

Research Alert: Kdp: Q1 Ahead Of Expectations; Company Split On Track

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Keurig Dr Pepper (KDP) posted Q1 adjusted EPS of $0.39 vs. $0.42 (-7%), ahead of the $0.37 consensus. Net sales rose 9.4% Y/Y to $3.98B ($150M ahead of consensus), but gross margin contracted 180 basis points to 52.8% (20 bps above consensus). On a constant currency basis, net sales were up 8.1%, attributed to price realizations (+5.5%) and volume/mix (+2.6%). The U.S. Refreshment Beverages segment was the standout performer, with net sales rising 11.9% to $2.6B, led by volume/mix (+7.2%) and favorable net price realizations (+4.7%). The U.S. Coffee segment remained a drag on overall performance, with net sales declining 2.3% to $857M as volume/mix (-8.2%) more than offset net price realizations (+5.9%). KDP maintained prior 2026 guidance. This was a solid earnings release, with top- and bottom-line results exceeding consensus. With the JDE Peet's acquisition complete and plans for separation into two pure-play companies, management is now focused on positioning both entities for long-term success.

$KDP

Showing 261-280 of 8359

US Markets1d ago

Semiconductor Maker STMicroelectronics Shares Rise Amid First-quarter Revenue Growth

STMicroelectronics (STMPA.PA, STMMI.MI) delivered a 23% year-over-year jump in revenue in the first quarter, supported by its recently completed acquisition of NXP Semiconductors' (VNX.F) microelectromechanical systems sensor business in February.As of early Thursday afternoon, the company's shares were up 7% in Milan and Paris.The semiconductor manufacturer's US GAAP net revenue climbed to $3.10 billion in the three months ended March 28 from the year-ago $2.52 billion, including $40 million in revenue contributed by the MEMS sensor business. Excluding this contribution, net revenue was up 21.4% on an annual basis.Gross profit also rose over the period to $1.05 billion from $841 million, with $11 million purchase price allocation effects from the acquisition taken into account. Gross margin stood at 33.8%, up by 40 basis points.Operating income surged to $70 million from $3 million, including impairment, restructuring charges and other related phase-out costs of $71 million for the quarter. On the other hand, net income attributable to parent company stockholders fell to $37 million from $56 million. All metrics are under US GAAP."Q1 net revenues, excluding the contribution of our acquisition of NXP's MEMS sensor business, came above the mid-point of our business outlook range, driven mainly by higher revenues in our engaged customer programs in Personal electronics and CECP. Gross margin was above the mid-point of our business outlook range mainly due to better product mix," President and Chief Executive Officer Jean-Marc Chery said in an earnings release.For the second quarter, STMicroelectronics' business outlook, at the midpoint, is for net revenue to reach $3.45 billion, up 24.9% on a yearly basis. Looking further ahead, the company confirmed its datacenters revenue expectations to stand "nicely above" $500 million in 2026 and well above $1 billion in 2027 on the back of anticipated upside from new artificial intelligence-driven programs."Demand indicators are improving, AI-related revenue visibility is rising rapidly, and inventory normalisation removes a major cyclical headwind," analysts at AlphaValue/Baader Europe said in a note. "The company's exposure to AI infrastructure, automotive electrification, industrial automation, and silicon photonics creates multiple structural growth drivers that support management's expectation for double-digit revenue growth in 2026."The outlook comes as the group expects a "strong" momentum in AI in the coming quarters. When asked in a media call about any investment plans on activities or potential acquisitions related to AI, Chery said there is always the possibility of small acquisitions from time to time, but the company does not currently intend to make any significant transactions in the field.

$STMMI.MI$STMPA.PA

Financial News · Live Terminal

Research Alert: Thermo Fisher Scientific: Q1 Results Top Estimates As Clario Acquisition Closes

Research Alert: Kdp: Q1 Ahead Of Expectations; Company Split On Track

Research Alert: Thermo Fisher Scientific: Q1 Results Top Estimates As Clario Acquisition Closes

Research Alert: Kdp: Q1 Ahead Of Expectations; Company Split On Track

LSI Industries Fiscal Q3 Adjusted EPS, Sales Rise; Shares Up Pre-Bell

Research Alert: Honeywell Prints Q1 Beat; Break-up Nears

RBC Lifts Price Target on Vertiv Holdings to $356 From $344, Keeps Outperform Rating

Canada's Housing Market Surprises in Not Showing Interest Rate Sensitivity, says National Bank

Diesel Appears as Major Vulnerability for Australia During Middle East Energy Crisis, Says IEEFA

Research Alert: Lockheed Martin Posts Q1 Miss, Cash Flow Weakness, Full-year Guidance Intact

FirstService up 2% in U.S. Pre-Market, Reports Higher Q1 Adjusted Earnings, Revenue

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First Mining Provides Update on Springpole Gold Project

Azad Engineering Inaugurates New Manufacturing Facility in Hyderabad, India

Pollard Banknote Says Rob Rose to Retire From CFO Role

Semiconductor Maker STMicroelectronics Shares Rise Amid First-quarter Revenue Growth

Iridium Communications Q1 Net Income Declines, Revenue Increases

US Dollar Rises Early Thursday Ahead of Jobless Claims, Chicago National Activity Index, S&P Global Flash Estimates

Metro Price Target Lowered to $97 at Desjardins

JPMorgan Downgrades Lucky Strike Entertainment to Underweight From Neutral, Adjusts PT to $6 From $8

Mullen Group Says Acquisitions Drove Q1 Growth; Adds "Growing Evidence" Freight Recession Near Needed Inflection Point