Danaher Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Danaher Corp (NYSE:DHR) will unveil its latest earnings on Tuesday, January 31, 2012. Danaher designs and manufactures professional, medical, industrial, and consumer products.

Danaher Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 78 cents per share, a rise of 16.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 79 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 78 cents during the last month. Analysts are projecting profit to rise by 22.1% versus last year to $2.82.

Past Earnings Performance: Last quarter, the company beat estimates by 3 cents, coming in at profit of 73 cents a share versus the estimate of net income of 70 cents a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: On average, analysts predict $4.75 billion in revenue this quarter, a rise of 31.6% from the year ago quarter. Analysts are forecasting total revenue of $16.34 billion for the year, a rise of 23.8% from last year’s revenue of $13.2 billion.

Analyst Ratings: Analysts are bullish on this stock with 16 analysts rating it as a buy, none rating it as a sell and one rating it as a hold.

A Look Back: In the third quarter, profit fell 19% to $523.4 million (74 cents a share) from $646.4 million (95 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 41.6% to $4.52 billion from $3.19 billion.

Key Stats:

The decrease in profit in the third quarter broke a streak of three consecutive quarters of year-over-year profit increases. Net income rose 74.2% in the second quarter, 43% in the first quarter and 77.5% in the fourth quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue rose 12.1% in the second quarter from the year earlier, climbed 8.2% in the first quarter from the year-ago quarter and 15.2% in the fourth quarter of the last fiscal year.

Competitors to Watch: 3M Company (NYSE:MMM), Beckman Coulter, Inc. (NYSE:BEC), Agilent Technologies Inc. (NYSE:A), Young Innovations, Inc. (NASDAQ:YDNT), DENTSPLY Intl. Inc. (NASDAQ:XRAY), General Electric Company (NYSE:GE), ESCO Technologies Inc. (NYSE:ESE), Align Technology, Inc. (NASDAQ:ALGN), AMETEK, Inc. (NYSE:AME), and Thermo Fisher Scientific Inc. (NYSE:TMO).

Stock Price Performance: During November 25, 2011 to January 25, 2012, the stock price had risen $8.49 (19.1%) from $44.54 to $53.03. The stock price saw one of its best stretches over the last year between February 3, 2011 and February 11, 2011 when shares rose for seven-straight days, rising 8.8% (+$4.15) over that span. It saw one of its worst periods between July 20, 2011 and July 28, 2011 when shares fell for seven-straight days, falling 8% (-$4.25) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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