News Formal

Why we bought more Danaher even after it lowered the forecast for a key business

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Stocks tend to bottom before their industry cycle does, and Danaher is almost there.

Danaher delivered beats on the top and bottom lines for the third quarter on Thursday. But shares of the life sciences and medical diagnostics company remain under pressure after management was forced to lower expectations for one of its key businesses. Revenue for the period ended Sept. 30 declined 11.5% organically year over year to $6.87 billion, outpacing analyst estimates of $6.63 billion, according to Refinitiv. When excluding the 8.

Driving this forecast is an expectation for biotechnology sales to be down in the high-teens percentage range, life sciences sales to be about flat , and for diagnostics to be down in the mid-teens percentage point range. The adjusted operating profit margin is expected to be 29% — slightly better than the Street's 28%.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Danaher Tops Earnings and Revenue Estimates. The Stock Is Rising.Danaher posts third-quarter earnings of $2.02 a share on revenue of $6.87 billion.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

U.S. stocks open lower after 10-year Treasury yield tops 5% for first time since 2007Isabel Wang is a Markets Reporter for MarketWatch.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Stocks Poised to Open HigherThis week features a smattering of earnings from Big Tech companies as well as GDP and inflation reports.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Stocks extend slide, Chevron mega-deal, Apple slumps, 2-year auction on deck, Roivant drug saleStocks slide, Chevron mega-deal, Apple, 2-year auction, Roivant drug sale
ソース: startelegram - 🏆 248. / 63 続きを読む »

Too Much Value Concentrated in Seven US StocksTo say that the US markets are top-heavy is an understatement.
ソース: Newsweek - 🏆 468. / 52 続きを読む »

Salesforce, Unity see their stocks fall after Piper Sandler abandons bullish stanceEmily Bary is a MarketWatch news editor based in New York.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »