Danaher and Math

Maybe I’m missing something, but I’m going through Danaher’s (DHR) earnings report and the numbers don’t add up. For the second quarter, the company earned $363.448 million and the number of diluted shares is 336.551. That comes to $1.08 a share while the company lists it as $1.09. I know it’s just a penny, but there shouldn’t be any mistakes here. That really undermines my faith in a company.
Am I missing something?

Posted by on July 17th, 2008 at 1:03 pm


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