Danaher Raises Guidance

Danaher (DHR) bumped up the low-end of its previous guidance today. For Q2, the company now sees earnings of $1.04 to $1.07 per share. The old range was $1.02 to $1.07 per share. That’s not a big change, but it’s always good to see a reiterating during the quarter.
For last year’s second quarter, Danaher made 94 cents a share which was a penny better than Wall Street’s forecast. From its December high to its March low, the stock dropped by 24%.

Posted by on June 3rd, 2008 at 10:42 am


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