Danaher Stock Rebounds Despite Mixed Q3 Earnings

By | October 16, 2014

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High-tech instrument maker Danaher (DHR) reported mixed Q3 earnings Thursday morning, but the stock was up 3% off a 52-week low in early afternoon trading on the stock market today, near 74. The company’s earnings rose 7% over the year-earlier quarter to 90 cents a share, beating analysts’ consensus by a penny. Sales rose 4% to $4.87 billion, slightly missing estimates. Danaher guided Q4 EPS at $1 to $1.04, on the low side of the Street’s average Scalper1 News

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