Danaher Corp. Q4 Profit Increases, beats estimates

Danaher Corp. (DHR) revealed earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $1.75 billion, or $2.39 per share. This compares with $1.20 billion, or $1.66 per share, in last year's fourth quarter.

Excluding items, Danaher Corp. reported adjusted earnings of $2.69 per share for the period.

Analysts on average had expected the company to earn $2.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 20.6% to $8.15 billion from $6.76 billion last year.

Danaher Corp. earnings at a glance (GAAP) :

-Earnings (Q4): $1.75 Bln. vs. $1.20 Bln. last year.
-EPS (Q4): $2.39 vs. $1.66 last year.
-Analyst Estimate: $2.54
-Revenue (Q4): $8.15 Bln vs. $6.76 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT