Earnings Preview: Danaher

Danaher (NYSE:DHR) is set to give its latest quarterly earnings report on Tuesday, 2024-10-22. Here's what investors need to know before the announcement.

Analysts estimate that Danaher will report an earnings per share (EPS) of $1.57.

Anticipation surrounds Danaher's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Performance in Previous Earnings

During the last quarter, the company reported an EPS beat by $0.15, leading to a 0.6% increase in the share price on the subsequent day.

Here's a look at Danaher's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.57

1.71

1.89

1.76

EPS Actual

1.72

1.92

2.09

2.02

Price Change %

1.0%

-1.0%

-2.0%

-2.0%

Danaher Share Price Analysis

Shares of Danaher were trading at $274.38 as of October 18. Over the last 52-week period, shares are up 38.08%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Insights Shared by Analysts on Danaher

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Danaher.

Danaher has received a total of 12 ratings from ...