Danaher Q2 Profit Rises - Quick Facts

(RTTNews) - Diversified machinery maker Danaher Corp. (DHR) Thursday said its net earnings for the second quarter increased to $695.6 million or $0.97 per share from $676.4 million or $0.95 per share in the previous year. Adjusted net earnings per share were $1.08, while it was $1.03 last year.

On average, 18 analysts polled by Thomson Reuters expected earnings of $1.04 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues rose 3.5 percent to $5.13 billion from $4.96 billion in the comparable quarter last year, with core revenues also increasing 3.5 percent. Analysts expected revenues of $5.06 billion.

Looking ahead to the third quarter, the company expects adjusted net earnings per share to be in the range of $1.00 to $1.04, while analysts look for $1.08 per share.

Further, the company now expects full year adjusted net earnings per share in the range of $4.25 to $4.33, compared to its previous range of $4.23 to $4.33. Wall Street expects earnings of $4.28 per share.