WASHINGTON (AP) — WASHINGTON (AP) — Danaher Corp. (DHR) on Tuesday reported first-quarter profit of $954 million.
The Washington-based company said it had profit of $1.32 per share. Earnings, adjusted for one-time gains and costs, were $1.88 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.62 per share.
The industrial and medical device maker posted revenue of $5.74 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $5.56 billion.
Danaher expects full-year earnings in the range of $7.60 to $7.75 per share.
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