>>> Danaher reports Q3 EPS in-line with upside preannouncement; guides Q4 EPS, i

Danaher reports Q3 EPS in-line with upside preannouncement; guides Q4 EPS, including items

Reports Q3 (Sep) earnings of $0.90 per share, $0.01 better than the Capital IQ Consensus of $0.89; revenues rose 4.3% year/year to $4.87 bln vs the $4.89 bln consensus.
  • Co raised Q3 EPS guidance to $0.90 from $0.86-0.89 on Monday, Oct 13 when it announced it will spin/merge its Communications business with NTCT.
Co issues guidance for Q4, sees EPS of $1.00-1.04, may not be comparable to $1.04 Capital IQ Consensus Estimate. Included in this range is ~$125 million, or ~$0.13 per diluted share, of anticipated productivity charges that are partially offset by an ~$0.07 per diluted share anticipated gain on the sale of marketable securities.