Danaher (DHR) Beats Q3 Earnings Estimates, Lowers '19 View
Danaher Corporation DHR kept its earnings beat streak alive in the third quarter of 2019, with earnings surpassing estimates by 0.9%. However, sales lagged estimates by roughly 0.1%.
The company’s adjusted earnings were $1.16 per share in the reported quarter, which outpaced the Zacks Consensus Estimate of $1.15. The same also grew 5.5% from the year-ago quarter’s figure of $1.10 on impressive sales performance and gain from Danaher Business System (“DBS”).
Sales Rise on Organic Growth & Buyouts
In the quarter under review, the company’s net sales were $5,037.3 million, which grew 3.8% from the year-ago quarter. Organic sales in the quarter grew 5% and acquired assets had a positive 0.5% impact.
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https://finance.yahoo.com/news/danaher-d...02996.html
Danaher Corporation DHR kept its earnings beat streak alive in the third quarter of 2019, with earnings surpassing estimates by 0.9%. However, sales lagged estimates by roughly 0.1%.
The company’s adjusted earnings were $1.16 per share in the reported quarter, which outpaced the Zacks Consensus Estimate of $1.15. The same also grew 5.5% from the year-ago quarter’s figure of $1.10 on impressive sales performance and gain from Danaher Business System (“DBS”).
Sales Rise on Organic Growth & Buyouts
In the quarter under review, the company’s net sales were $5,037.3 million, which grew 3.8% from the year-ago quarter. Organic sales in the quarter grew 5% and acquired assets had a positive 0.5% impact.
...
https://finance.yahoo.com/news/danaher-d...02996.html
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