Market Overview

Recap: Danaher Q3 Earnings

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Shares of Danaher (NYSE:DHR) fell 1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 48.28% over the past year to $1.72, which beat the estimate of $1.36.

Revenue of $5,883,000,000 rose by 16.80% year over year, which beat the estimate of $5,510,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Oct 22, 2020

Time: 08:00 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/758/37429

Recent Stock Performance

52-week high: $229.75

Company's 52-week low was at $119.60

Price action over last quarter: Up 16.02%

Company Profile

In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Through a series of mergers, acquisitions, and divestitures, including the Fortive separation in 2016, Danaher now focuses primarily on manufacturing scientific instruments and consumables in three segments: life sciences, diagnostics, and environmental and applied solutions. In late 2019, Danaher separated from its dental business through an initial public offering process, and in early 2020, it acquired GE's Biopharma business, now called Cytiva, which adds to its life sciences segment.

 

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Posted-In: Earnings News