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0 -0.00624969322510822 -0.00279378015785001 -0.0017920662253115 -0.0208246309435444 0.00316641774075449 -0.0108074916181587 -0.0158160612808516
Stock impact report

Danaher falls on revenue miss despite earnings beat [Yahoo! Finance]

Danaher Corporation (DHR) 
Last danaher corporation earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.danaher.com
Company Research Source: Yahoo! Finance
shares as much as 3.8% lower in premarket trading before a recovery, with the stock now down around 0.3%. The company posted adjusted earnings per share of $2.06, exceeding the analyst consensus of $1.94 by $0.12. However, revenue of $5.95 billion came in below the $5.99 billion analyst estimate, though it increased 3.5% YoY. The revenue shortfall was attributed to a lighter-than-typical first quarter respiratory season at Cepheid, which offset strength in Bioprocessing and better-than-expected Life Sciences performance. For the second quarter, Danaher expects core revenue to increase in the low-single digit percent range. The company maintained its full-year core revenue growth outlook of 3% to 6% while raising its adjusted earnings per share guidance to a range of $8.35 to $8.55, up from previous guidance of $8.35 to $8.50. The midpoint of $8.45 sits above the analyst consensus of $8.40. "Our team executed well in the first quarter, which enabled us to accelerate innovation, d Show less Read more
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