Danaher Shares Rise Over 4% Following Third Quarter Earnings Beat and Raised Guidance
Danaher (DHR) shares climbed more than 4% on Tuesday after the healthcare conglomerate reported third-quarter results that exceeded analyst expectations. Total sales reached $6.55 billion, an 8% increase year-over-year, while GAAP net income surged by 36% to over $1.2 billion. The company's adjusted earnings per share (EPS) of $2.11 beat the consensus estimate of $1.92. Driven by acceleration in core businesses and bolstered by a tariff refund and tax settlement, Danaher also raised its full-year 2026 profitability guidance. Management now expects adjusted EPS to fall between $8.57 and $8.62. This positive momentum follows recent portfolio adjustments intended to create a leaner, more productive asset collection.
Tickers: $DHR
Topics: earnings beat guidance upgrade profitability revenue growth
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