Danaher (DHR) Tops Q2 EPS by 6c, Revenues Beat; Boosts FY18 EPS Outlook
Get Alerts DHR Hot Sheet
Price: $235.51 -0.36%
Revenue Growth %: -21.9%
Financial Fact:
Sales: 4.13B
Today's EPS Names:
MAXN, CSTR, ACU, More
Revenue Growth %: -21.9%
Financial Fact:
Sales: 4.13B
Today's EPS Names:
MAXN, CSTR, ACU, More
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Danaher (NYSE: DHR) reported Q2 EPS of $1.15, $0.06 better than the analyst estimate of $1.09. Revenue for the quarter came in at $5 billion versus the consensus estimate of $4.92 billion.
- Non-GAAP adjusted diluted net earnings per share were $1.15. This represents a 16.0% increase over the comparable 2017 period. For the second quarter 2018, revenues increased 10.5% year-over-year to $5.0 billion, with non-GAAP core revenue growth of 6.0%.
- Year-to-date operating cash flow was $1.9 billion, representing a 18.5% increase over the comparable 2017 period. Year-to-date non-GAAP free cash flow increased 21.5% versus the prior year to $1.6 billion.
- For the third quarter 2018, the Company anticipates that diluted net earnings per share will be in the range of $0.85 to $0.88 and non-GAAP adjusted diluted net earnings per share will be in the range of $1.05 to $1.08.
- For the full year 2018, the Company now anticipates that diluted net earnings per share will be in the range of $3.64 to $3.71. The Company now expects its 2018 non-GAAP adjusted diluted net earnings per share to be in the range of $4.43 to $4.50 versus previous guidance of $4.38 to $4.45.
GUIDANCE:
Danaher sees FY2018 EPS of $4.43-$4.50, versus the consensus of $4.44.
For earnings history and earnings-related data on Danaher (DHR) click here.
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