Danaher DHR announces its next round of earnings Thursday. Here's Benzinga's advanced look at Danaher's Q3 earnings report.
Earnings and Revenue
Based on management's projections, Danaher analysts model for earnings of $1.07 per share on sales of $4.82 billion.
If the company were to match the consensus estimate, earnings would be up 7 percent. Sales would be have grown 6.45 percent from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
EPS Estimate | 1.09 | 0.94 | 1.15 | 0.95 |
EPS Actual | 1.15 | 0.99 | 1.19 | 1 |
Stock Performance
Over the last 52-week period, shares are up 20.97 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on Danaher stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Danaher's Q3 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: https://www.webcaster4.com/Webcast/Page/758/27663
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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