Danaher shares are trading lower after the company lowered FY23 guidance.
Portfolio Pulse from Benzinga Newsdesk
Danaher Corporation has lowered its financial year 2023 guidance, causing its shares to trade lower.
July 25, 2023 | 10:41 am
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NEGATIVE IMPACT
Danaher's lowered FY23 guidance has led to a decrease in its share price.
Danaher's decision to lower its FY23 guidance indicates that the company expects lower earnings than previously anticipated. This negative outlook has led to a decrease in the company's share price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100