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Danaher Corp. Issues Q3 2012 EPS Guidance Below Analysts' Estimates; Lowers FY 2012 EPS Guidance


Thursday, 19 Jul 2012 06:00am EDT 

Danaher Corp. announced that for third quarter of 2012, it expects diluted net earnings per share (EPS) to be in the range of $0.74 to $0.79. The Company updated its fiscal 2012 diluted net earnings per share guidance to $3.19 to $3.26 from a previous range of $3.25 to $3.35, reflecting the anticipated negative currency impact from the recent strengthening of the US dollar, as well as the Company's plan to accelerate its restructuring activities, which is now anticipated to result in a full year cost of approximately $100 million. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $0.84 for third quarter of 2012 and EPS of $3.30 for fiscal 2012. 

Company Quote

64.36
0.99 +1.56%
18 Jun 2013