BUZZ-Danaher rises after quarterly profit beat

Reuters
04-22
BUZZ-Danaher rises after quarterly profit beat

** Life sciences firm Danaher's DHR.N shares rise 2.7% to $190 premarket

** DHR posts Q1 adj. profit of $1.88 per share, beating analysts estimates of $1.64 per share, according to the data compiled by LSEG

** Company posts Q1 revenue of $5.70 billion vs estimates of $5.59 billion

** Company anticipates that Q2 revenue will grow low-single digits year-over-year

** DHR expects annual profit in the range of $7.60 to $7.75 per share vs estimates of $7.68 per share

** Company expects annual revenue to grow 3%

** Company expects incurring incremental tariff costs in 2025 of several hundred millions of dollars

** As of last close, DHR fell 19.4% YTD

(Reporting by Siddhi Mahatole)

((siddhi.mahatole@thomsonreuters.com))

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