Danaher announced earnings per share of $0.81 on revenue of $4.34B. Analysts polled by Investing.com anticipated EPS of $1.02 on revenue of $4.25B. That with comparison to EPS of $1.07 on revenue of $4.88B in the same period a year before. Danaher had reported EPS of $1.28 on revenue of $4.87B in the previous quarter. Analysts are expecting EPS of $1.17 and revenue of $5B in the upcoming quarter.
Danaher shares are up 6.84% from the beginning of the year , still down 3.90% from its 52 week high of $170.64 set on April 28. They are outperforming the S&P 500 which is down 12.21% year to date.
Danaher’s report follows an earnings beat by Microsoft on April 29, who reported EPS of $1.4 on revenue of $35.02B, compared to forecasts EPS of $1.27 on revenue of $33.76B.
Apple had beat expectations on April 30 with second quarter EPS of $2.55 on revenue of $58.31B, compared to forecast for EPS of $2.24 on revenue of $54.78B.
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