WASHINGTON (AP) — WASHINGTON (AP) — Danaher Corp. (DHR) on Tuesday reported first-quarter profit of $1.09 billion.
The Washington-based company said it had net income of $1.45 per share. Earnings, adjusted for one-time gains and costs, were $1.92 per share.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.72 per share.
The industrial and medical device maker posted revenue of $5.8 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $5.64 billion.
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