Danaher expects 2Q profit to beat prior forecast

Danaher expects 2nd-quarter profit, core revenue to top its previous forecasts

Associated Press

NEW YORK (AP) -- Industrial and medical equipment maker Danaher expects its second-quarter earnings and core revenue to come in above its prior forecasts.

The Washington, D.C.-based company previously predicted earnings between 80 cents and 85 cents per share, with core revenue up 1 percent to 2 percent. It did not specify in the news release what its new expectations are.

Analysts polled by FactSet expect earnings of 84 cents per share.

Shares of Danaher Corp. added $1.55, or 2.4 percent, to $65.98 in morning trading Tuesday after trading as high as $66.46 earlier in the session, a new all-time high.

The company will report its quarterly financial results on July 18.

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