Thermo Fisher Scientific Inc. (TMO - Get Report) is expected to report earnings of $3 a share on sales of $6.3 billion before the market opens on Wednesday, based on a FactSet survey of 15 analysts.

In the same period a year ago, the company posted earnings of $2.75 a share on sales of $6.1 billion.

The stock has risen 10.8% since the company last reported earnings on April 24.

Quarterly estimates have risen less than 1 cent a share in the past month.

Thermo Fisher Scientific is currently trading at a price-to-forward-earnings ratio of 22.5 based on the 12-month estimates of 16 analysts surveyed by FactSet.

In the upcoming quarter analysts are forecasting earnings of $2.87 a share on sales of $6.2 billion.

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