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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Danaher Corporation | NYSE:DHR | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.78 | 0.32% | 246.58 | 248.0992 | 243.68 | 244.06 | 2,709,341 | 01:00:00 |
By Matt Grossman
Danaher Corp. on Thursday logged greater sales and earnings in the third quarter, including contributions from its work on Covid-19 testing and countermeasures.
The medical and diagnostics company posted earnings of $1.54 a share, up from $1.16 a share a year earlier. Net income was $1.12 billion, up from $842 billion a year ago.
Stripping out one-time items, the company posted earnings of $2.39 a share. Analysts were forecasting adjusted earnings of $2.15 a share, according to FactSet.
Danaher's sales were $7.23 billion, up from $5.88 billion in the year-ago quarter. Analysts had anticipated revenue of $7 billion.
Covid-19-related tailwinds boosted sales by 10.5% in the quarter. Excluding that and the effects of acquisitions and currency exchange, base-business core sales growth was 10% year-over-year, the company said.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
October 21, 2021 06:28 ET (10:28 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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