Danaher (DHR) Set to Announce Quarterly Earnings on Thursday

Danaher (NYSE:DHR) will post its quarterly earnings results before the market opens on Thursday, April 18th. Analysts expect Danaher to post earnings of $1.01 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Danaher (NYSE:DHR) last issued its quarterly earnings data on Tuesday, January 29th. The conglomerate reported $1.28 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.01. Danaher had a net margin of 13.33% and a return on equity of 11.64%. The business had revenue of $5.40 billion for the quarter, compared to analysts’ expectations of $5.33 billion. During the same period in the previous year, the business earned $1.19 earnings per share. The company’s revenue was up 6.2% on a year-over-year basis. On average, analysts expect Danaher to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of NYSE DHR opened at $128.18 on Wednesday. Danaher has a fifty-two week low of $94.59 and a fifty-two week high of $134.50. The company has a current ratio of 1.47, a quick ratio of 1.07 and a debt-to-equity ratio of 0.34. The stock has a market cap of $93.40 billion, a P/E ratio of 28.36, a P/E/G ratio of 2.41 and a beta of 1.04.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Friday, March 29th will be given a $0.17 dividend. The ex-dividend date is Thursday, March 28th. This is a boost from Danaher’s previous quarterly dividend of $0.16. This represents a $0.68 annualized dividend and a yield of 0.53%. Danaher’s payout ratio is 15.04%.

In related news, Director Walter G. Lohr sold 10,578 shares of Danaher stock in a transaction dated Wednesday, February 27th. The stock was sold at an average price of $126.85, for a total value of $1,341,819.30. Following the transaction, the director now owns 20,691 shares of the company’s stock, valued at approximately $2,624,653.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Angela S. Lalor sold 4,534 shares of Danaher stock in a transaction dated Wednesday, February 27th. The stock was sold at an average price of $127.25, for a total value of $576,951.50. Following the completion of the transaction, the senior vice president now directly owns 21,209 shares in the company, valued at approximately $2,698,845.25. The disclosure for this sale can be found here. Over the last quarter, insiders sold 183,150 shares of company stock worth $23,279,637. 11.40% of the stock is owned by company insiders.

Several equities research analysts have commented on DHR shares. Zacks Investment Research upgraded shares of Danaher from a “hold” rating to a “buy” rating and set a $147.00 price target on the stock in a research report on Tuesday, April 9th. Needham & Company LLC reiterated a “buy” rating and issued a $138.00 price target (up from $114.00) on shares of Danaher in a research report on Thursday, February 28th. Jefferies Financial Group boosted their price target on shares of Danaher to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, February 26th. Deutsche Bank boosted their price target on shares of Danaher to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, February 26th. Finally, UBS Group boosted their price target on shares of Danaher from $125.00 to $144.00 and gave the stock a “buy” rating in a research report on Tuesday, February 26th. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $125.46.

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About Danaher

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company's Life Sciences segment provides mass spectrometers; cellular analysis, lab automation, and centrifugation instruments; microscopes; and genomics consumables.

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Earnings History for Danaher (NYSE:DHR)

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