earnings
confidence high
sentiment neutral
materiality 0.65
Danaher Q1 2024 beats expectations with $5.8B revenue, $1.92 adj EPS
DANAHER CORP /DE/
2024-Q1 EPS reported
$1.45
revenue$5,796,000,000
- Net earnings $1.1B, diluted EPS $1.45; adjusted diluted EPS $1.92.
- Revenue $5.8B, down 2.5% YoY; core revenue down 4.0%.
- Operating cash flow $1.7B; free cash flow $1.4B.
- CEO reports improving bioprocessing order trends and market share gains in molecular diagnostics at Cepheid.
- Q2 core revenue expected down mid-single digits; full year 2024 core revenue expected down low-single digits.