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What's Driving Better-Than-Expected Earnings?

 
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JensenBreck


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MessagePosté le: Mar 10 Oct - 10:40 (2017)    Sujet du message: What's Driving Better-Than-Expected Earnings? Répondre en citant

Danaher has successfully repositioned itself as a healthcare company, broadening its presence in the healthcare and dental markets, which are anticipated to benefit from the rise in the aging population as well as increased spending on healthcare and fitness.


Additionally, lucrative prospects in pharma and clinical end-markets bode well for the company in the upcoming quarters. Further, Danaher believes that it is well-positioned in the biopharma business, which will prove conducive to operating profit and bottom-line growth for the third quarter.


Moreover, the company's aggressive acquisition strategy is proving to be a strong profit churner, and is expected to boost top-line growth in the quarter under review. The company also expects core growth rate to accelerate going forward, in light of improving order trends and recent acquisitions like Cepheid and Phenomenex.


Phenomenex has meaningfully enhanced Life Sciences portfolio, and is anticipated to help the company achieve a double-digit return on investment in less than five years. The Zacks Consensus Estimate for revenues from the Life Sciences & Diagnostics business in the to-be-reported quarter currently remains high at $1,403 million compared with second-quarter reported revenues of $1,384 million.
Thanks


I didn't find the right solution from the Internet.

References: http://www.nasdaq.com/article/is-danaher-set-to-beat-q3-earnings-on-life-sciences-growth-cm861052


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