Danaher Reports Fourth Quarter and Full Year 2019 Results

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Danaher (DHR) PT Raised to $174 at Piper Sandler

January 30, 2020 12:22 PM EST

Piper Sandler analyst William Quirk raised the price target on Danaher (NYSE: DHR) to $174.00 (from $142.00) while maintaining a Neutral rating following results.

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Danaher (DHR) Tops Q4 EPS by 3c, Revenues Beat; Offers Q1 & FY20 EPS Outlook

January 30, 2020 6:07 AM EST

Danaher (NYSE: DHR) reported Q4 EPS of $1.28, $0.03 better than the analyst estimate of $1.25. Revenue for the quarter came in at $4.9 billion versus the consensus estimate of $4.8 billion.

Thomas P. Joyce, Jr., President and Chief Executive Officer, stated, "Our fourth quarter results wrapped up a tremendous 2019 for Danaher. For the full year, we achieved 6.0% core revenue growth with solid margin expansion and cash flow. We continued to... More