WASHINGTON (AP) — WASHINGTON (AP) — Danaher Corp. (DHR) on Wednesday reported fourth-quarter net income of $1.09 billion.
The Washington-based company said it had profit of $1.49 per share. Earnings, adjusted for one-time gains and costs, came to $2.14 per share.
The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.17 per share.
The industrial and medical device maker posted revenue of $6.54 billion in the period, surpassing Street forecasts. Six analysts surveyed by Zacks expected $6.46 billion.
For the year, the company reported profit of $3.9 billion, or $5.29 per share. Revenue was reported as $23.88 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DHR at https://www.zacks.com/ap/DHR
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