Based on preliminary estimates, Fisher Scientific Group...
Based on preliminary estimates, Fisher Scientific Group expects to report a profit for the three months ending Sept. 30 of about $9.8 million, or 26 cents a share, on sales of about $240 million. For the full year, Fisher expects to report a per-share profit of $1 to $1.10.
Over the same quarter last year, Fisher reported a profit of $9 million, or 24 cents a share, on sales of $235.5 million. For the first six months of 1988, Fisher’s profit was $18.3 million, or 50 cents a share, on sales of $472.4 million.
In a statement, Fisher Chairman Richard Cramer said the medical and scientific supplies and instrument manufacturer would continue to show earnings gains through 1989 but more slowly than in previous quarters.