Danaher Corp. (DHR) Tops Q1 EPS by 1c; Guides Slightly Below the Street

Danaher Corp. (NYSE: DHR) reported Q1 EPS of $0.81, $0.01 better than the analyst estimate of $0.80. Revenue for the quarter came in at $4.66 billion versus the consensus estimate of $4.67 billion.

Danaher Corp. sees Q2 2014 EPS of $0.90-$0.94, versus the consensus of $0.96.

Danaher Corp. sees FY2014 EPS of $3.60-$3.75, versus the consensus of $3.76.

H. Lawrence Culp, Jr., President and Chief Executive Officer, stated, "We are off to a good start in 2014 as our team's execution drove better-than-expected revenue growth, outstanding margin expansion and solid earnings performance. The Danaher Business System has helped build momentum across our portfolio by driving continued share gains and funding increased growth investments. We believe this momentum, along with our robust balance sheet and confidence on the acquisition front, position us well in 2014."

For earnings history and earnings-related data on Danaher Corp. (DHR) click here.

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