Danaher (DHR) Reports Q3: Everything You Need To Know Ahead Of Earnings

Diversified science and technology company Danaher (NYSE:DHR) will be announcing earnings results this Wednesday morning. Here’s what to expect.

Danaher beat analysts’ revenue expectations last quarter, reporting revenues of $6.27 billion, up 5.5% year on year. It was a strong quarter for the company, with a narrow beat of analysts’ organic revenue estimates and a beat of analysts’ EPS estimates.

Is Danaher a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Danaher’s revenue to grow 8.4% year on year, improving from the 4.4% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Danaher rarely misses Wall Street’s revenue estimates.

With Danaher being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unfold for life sciences tools & services stocks. However, investors in the segment have had steady hands going into earnings, with share prices flat over the last month. Danaher is up 3% during the same time .

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