Danaher Corp. Q1 adjusted earnings Beat Estimates
(RTTNews) - Danaher Corp. (DHR) announced earnings for first quarter that declined from last year.
The company's bottom line came in at $327.3 million, or $0.46 per share. This compares with $566.6 million, or $0.80 per share, in last year's first quarter.
Analysts had expected the company to earn $1.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.8% to $4.88 billion from $4.70 billion last year.
Danaher Corp. earnings at a glance:
-EPS (Q1): $1.07 vs. $0.99 last year. -Analysts Estimate: $1.01 -Revenue (Q1): $4.88 Bln vs. $4.70 Bln last year.
-Guidance: Next quarter EPS guidance: $1.13 to $1.16 Full year EPS guidance: $4.72 to $4.80