Why The Danaher Stock Fell 1.96% (DHR)

By Amit Chowdhry ● Jan 25, 2023
  • The stock price of Danaher (DHR) fell by 1.96% in the most recent trading session. This is why.

The stock price of Danaher (DHR) fell by 1.96% in the most recent trading session.

Why: Q4 results

Results: Danaher reported a Q4 EPS of $2.87, which was $0.37 higher than analyst estimates of $2.50. And the revenue for the quarter was $8.4 billion compared to the consensus estimate of $7.84 billion.

Guidance: For the first quarter of 2023, the company is anticipating that non-GAAP base business core revenue growth will be up mid-single digits. And for the full year 2023, the Company anticipates non-GAAP base business core revenue to be up high-single digits.