earnings
confidence high
sentiment positive
materiality 0.75
Danaher Q3 adj EPS $1.71 beats; revenue $5.8B +3%; guides core rev down low-single digits
DANAHER CORP /DE/
2024-Q3 EPS reported
$3.80
revenue$17,337,000,000
- Net earnings $818M ($1.12 GAAP EPS); adjusted diluted EPS $1.71, above expectations.
- Revenue $5.8B, up 3.0% YoY; non-GAAP core revenue grew 0.5%.
- Operating cash flow $1.5B, free cash flow $1.2B.
- Q4 2024 core revenue expected to decline low-single digits YoY; full year 2024 still down low-single digits.
- CEO cites stronger bioprocessing momentum and Cepheid market share gain.