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Danaher (DHR) Beats on Q2 Earnings and Sales, Ups Guidance
Danaher Corporation DHR reported better-than-expected results in the second quarter of 2019. While earnings beat the Zacks Consensus Estimate by 3.5%, sales surpassed the same by 1.4%.
The company’s adjusted earnings were $1.19 per share in the reported quarter, which outpaced the Zacks Consensus Estimate of $1.15. The reported figure also increased 3.5% over the year-ago quarter’s figure of $1.15 on the back of impressive sales performance and gain from Danaher Business System (“DBS”) initiatives.
Organic Growth & Acquired Assets Drive Sales
In the quarter under review, the company’s net sales were $5,156.6 million, which increased 3.5% from the year-ago quarter’s figure. Organic sales in the quarter grew 5.5% and acquired assets had a positive 1% impact. However, foreign currency translations had a negative impact of 3%.
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https://finance.yahoo.com/news/danaher-d...02569.html
![[Bild: DHRc1dl0845.png]](https://finviz.com/publish/071919/DHRc1dl0845.png)
Danaher Corporation DHR reported better-than-expected results in the second quarter of 2019. While earnings beat the Zacks Consensus Estimate by 3.5%, sales surpassed the same by 1.4%.
The company’s adjusted earnings were $1.19 per share in the reported quarter, which outpaced the Zacks Consensus Estimate of $1.15. The reported figure also increased 3.5% over the year-ago quarter’s figure of $1.15 on the back of impressive sales performance and gain from Danaher Business System (“DBS”) initiatives.
Organic Growth & Acquired Assets Drive Sales
In the quarter under review, the company’s net sales were $5,156.6 million, which increased 3.5% from the year-ago quarter’s figure. Organic sales in the quarter grew 5.5% and acquired assets had a positive 1% impact. However, foreign currency translations had a negative impact of 3%.
...
https://finance.yahoo.com/news/danaher-d...02569.html
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