Danaher Q1 Profit Tops Street; Provides Weak Q2 EPS Outlook - Quick Facts

(RTTNews) - Danaher Corp. (DHR) Wednesday reported first-quarter net earnings of $579.7 million or $0.81 per share compared with $691.9 million or $0.98 per share last year.

Results for the prior-year quarter included a near $230 million gain on sale of unconsolidated joint venture.

Revenues for the quarter were $4.66 billion, up 5% from $4.4 billion in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.80 per share on revenues of $4.67 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to the second quarter, the company expects earnings of $0.90 to $0.94 per share. Analysts expect earnings of $0.96 per share.

For the full year 2014, the company still expects earnings of $3.60 to $3.75 per share, while analysts expect $3.76 per share.

Washington-based Danaher manufactures professional, medical, industrial, and commercial products and services.