earnings
confidence high
sentiment positive
materiality 0.65
Danaher Q1 2023 EPS $1.94 adj $2.36; revenue $7.2B down 7%; base business +6%
DANAHER CORP /DE/
2023-Q1 EPS reported
$1.94
revenue$7,167,000,000
- Net earnings $1.4B; diluted EPS $1.94; adjusted diluted EPS $2.36.
- Revenue $7.2B (-7% YoY); core revenue -4% from lower COVID; base business core +6%.
- Operating cash flow $1.9B; free cash flow $1.7B.
- Guidance: Q2/FY base business core revenue growth expected mid-single digits.
- CEO: 'better-than-expected revenue, earnings and cash flow' in challenging environment.