Danaher CEO To Comment on Financial Performance; Estimates Q4 Revenues To Decrease In The Low-double Digit Percent Range Year-over-year
Portfolio Pulse from Benzinga Newsdesk
Danaher's CEO is expected to comment on the company's financial performance, with an estimate that Q4 revenues will decrease in the low-double digit percent range year-over-year.
January 08, 2024 | 9:16 pm
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Danaher Corporation is expected to see a low-double digit percent decrease in Q4 revenues compared to the previous year, as indicated by the CEO's upcoming comments.
The CEO's pre-announcement of a significant decline in quarterly revenues is a strong indicator of underperformance relative to the previous year. This is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term.
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