UPDATE: Danaher Posts Higher Q4 Profit

Danaher

reported a 25% gain in its fourth-quarter profit. Danaher's quarterly net income surged to $789.3 million, or $1.11 per share, versus a year-ago profit of $630.4 million, or $0.89 per share. Excluding items, the company earned $0.96 per share. Its revenue climbed 6% to $5.27 billion. However, analysts were projecting earnings of $0.95 per share on revenue of $5.2 billion. Danaher estimates Q1 earnings of $0.76 to $0.80 per share. Danaher shares closed at $74.10 yesterday.