WASHINGTON (dpa-AFX) - Danaher Corp. (DHR) released earnings for second quarter that Decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $555 million, or $0.77 per share. This compares with $907 million, or $1.22 per share, last year.
Excluding items, Danaher Corp. reported adjusted earnings of $1.80 per share for the period.
Analysts on average had expected the company to earn $1.64 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.4% to $5.936 billion from $5.743 billion last year.
Danaher Corp. earnings at a glance (GAAP) :
-Earnings: $555 Mln. vs. $907 Mln. last year. -EPS: $0.77 vs. $1.22 last year. -Revenue: $5.936 Bln vs. $5.743 Bln last year.
-Guidance: Full year EPS guidance: $7.70 to $7.80
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