DHR Danaher Corporation

By Allison Prang

Danaher Corp. (DHR) reported results for its latest quarter Thursday before the market opened. Here's what you need to know:

PROFIT: The company made $566.6 million, or 80 cents a share, compared with $506.1 million, or 72 cents a share, for the same period a year ago. On an adjusted basis, Danaher made 99 cents a share from continuing operations, up from 85 cents a share the year before.

SALES: The company reported $4.7 billion in sales, up 12% from the prior-year quarter.

GUIDANCE: Danaher is expecting adjusted profit for continuing operations for the current quarter to be between $1.07 a share and $1.10 a share. Analysts are estimating $1.08 a share. For the year, the company expects to earn between $4.38 and $4.45 a share on an adjusted basis, higher than $4.25 to $4.35 a share it was previously expecting.

STOCK: Shares rose 1.2% premarket on low volume. In the past 12 months, shares have gained 18%.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

April 19, 2018 07:17 ET (11:17 GMT)

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