Danaher (DHR) Tops Q2 EPS by 41c

Danaher (NYSE: DHR) reported Q2 EPS of $2.46, $0.41 better than the analyst estimate of $2.05. Revenue for the quarter came in at $7.2 billion versus the consensus estimate of $6.72 billion.

Rainer M. Blair, President and Chief Executive Officer, stated, "Broad-based strength across the portfolio helped us deliver over 30% core revenue growth and outstanding earnings per share growth and cash flow generation. We continued to make significant growth investments during the quarter, strengthening our organic growth trajectory and enhancing our portfolio with the announcement of our pending acquisition of Aldevron."

Blair continued, "We believe the combination of our leading portfolio and DBS-driven execution differentiates Danaher today and provides a strong foundation for sustainable, long-term outperformance."

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

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