Danaher Confirms Previously Issued Guidance For Q3 And Full Year 2024 Ahead Of Previously Scheduled Analyst Event
Portfolio Pulse from Benzinga Newsdesk
Danaher reaffirms its guidance for Q3 and full year 2024, expecting non-GAAP core revenue to decline in low-single digits year-over-year.
September 04, 2024 | 8:38 pm
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NEUTRAL IMPACT
Danaher has confirmed its guidance for Q3 and full year 2024, expecting a low-single digit decline in non-GAAP core revenue. This reaffirms previous expectations and provides clarity ahead of an analyst event.
Danaher's confirmation of its guidance suggests stability in its revenue expectations, which may reassure investors. However, the expected decline in revenue could be a concern, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100