Danaher Corporation (NYSE:DHR) is expected to report last fiscal quarter's results before the opening bell on January 31, 2012. Let's review how Danaher has performed in recent quarters. Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services primarily in North America, Europe, and Asia/Australia. The company was founded in 1969 and is headquartered in Washington, District of Columbia.
52 Week High: $56.09
52 Week Low: $39.34
Book Value: $24.03
Float Short: 1.46%
Analysts are expecting an improvement of $0.05 in earnings per share compared to last quarter's results of $0.73. Investors will be looking to see a number north of $0.78 per share, based on the earnings estimates. Analyst estimates range between $0.75 and $0.81 per share.
I believe Danaher will beat the mean estimate.
The P/E ratio has been recently discounted, as the current trailing twelve months P/E ratio is 19.6, while the forward P/E ratio is now 16.16. An upside earnings report may put a lot of wind in the sails. In the last month, the stock has increased in price 10.78%, and moving in price 11.46% from one year ago. With a gain compared to stocks in general, the stock is better than the overall stock market. When comparing to the S&P 500, the year up to date change is 7.37%.
The company has rising revenue year-over-year of $13.20 billion for 2010 vs. $11.18 billion for 2009. The bottom line has rising earnings year-over-year of $1.79 billion for 2010 vs. $1.15 billion for 2009. The company's earnings before interest and taxes are rising with an EBIT year-over-year of $2.17 billion for 2010 vs. $1.54 billion for 2009. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure that the bottom line is keeping up with the top line.
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I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.