23.04.2024 12:02:50 - dpa-AFX: Danaher Corp. Q1 Profit Decreases, but beats estimates
WASHINGTON (dpa-AFX) - Danaher Corp. (DHR) reported a profit for first
quarter that decreased from last year but beat the Street estimates.
The company's bottom line totaled $1.09 billion, or $1.45 per share. This
compares with $1.43 billion, or $1.94 per share, in last year's first quarter.
Excluding items, Danaher Corp. reported adjusted earnings of $1.92 per share for
the period.
Analysts on average had expected the company to earn $1.71 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 2.5% to $5.80 billion from $5.95
billion last year.
Danaher Corp. earnings at a glance (GAAP) :
-Earnings (Q1): $1.09 Bln. vs. $1.43 Bln. last year.
-EPS (Q1): $1.45 vs. $1.94 last year.
-Revenue (Q1): $5.80 Bln vs. $5.95 Bln last year.
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