RBC Capital Raises Price Target on Danaher (DHR) Following 'Clean' 3Q Report
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Danaher Reports Third Quarter 2016 Results
October 20, 2016 6:00 AM EDTWASHINGTON, Oct. 20, 2016 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) today announced results for the third quarter 2016. All results in this release reflect only continuing operations unless otherwise noted. For the quarter ended September 30, 2016, net earnings were $402.6 million, or $0.57 per diluted share, which represents a 6% year-over-year increase.
Non-GAAP adjusted diluted net earnings per share for the third quarter 2016 was $0.87 per share, which reflects the adjustments identified in the attached reconciliation schedule. This represents a 23% increase over the comparable 2015 amount.
For the third quarter 2016, revenues increased 17.5% year-over-year to $4.1 billion, with core revenue growth of... More
