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Company Update (NYSE:DHR): Danaher Schedules Second Quarter 2016 Earnings Conference Call

[PR Newswire] – WASHINGTON, June 23, 2016 /PRNewswire/ — Danaher Corporation (DHR) announced today that it will webcast its quarterly earnings conference call for the second quarter 2016 on Monday, July 25, 2016 beginning at 8:00 a.m. ET and lasting approximately 1 hour. The call and an accompanying slide presentation will be webcast on the “Investors” section of Danaher’s website, www.danaher.com, under the subheading “Events & Presentations.” A replay of the webcast will be available shortly after the conclusion of the presentation and will remain available until the next quarterly earnings call. You can access the conference call by dialing 800-967-7187 within the U.S. or 719-457-1506 outside the U.S. a few minutes before 8:00 a.m. ET and notifying the operator that you are dialing in for Danaher’s earnings conference call (access code 2425315). Read more on this. Danaher Corp. (DHR) , valued at $69.17B, began trading this morning at $99.89. Today’s price range has been between $99.54 and $100.44 per share with a trailing 52-week range being $81.25 to $100.50. DHR shares are currently priced at 20.25x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.83x earnings multiple. And for income investors, the company pays shareholders $0.64 per share annually in dividends, yielding 0.65%. According to a consensus of 17 analysts, the earnings estimate of $1.22 per share would be $0.14 better than the year-ago quarter and a $0.02 sequential decrease. Investors should also note that the full-year EPS estimate of $4.89 is a $0.59 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $5.76 Billion. If reported, that would be a 12.28% increase over the year-ago quarter. Recently, Bernstein downgraded DHR from Outperform to Mkt Perform (Apr 4, 2016). Previously, Sterne Agee CRT Initiated DHR at to Neutral. With the above information in mind, readers should note that the average price target is $104.22, which is 4.33% above where the stock opened this morning. See more in (NYSE:DHR) Similar Articles: Company Update: Illinois Tool Works Inc (NYSE:ITW) – ITW Schedules Second Quarter 2016 Earnings Conference Call Company Update: Danaher Corporation (NYSE:DHR) – Danaher Schedules First Quarter 2016 Earnings Conference Call Stock Update (NYSE:DHR): Danaher Schedules Fourth Quarter 2015 Earnings Conference Call
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