Danaher Raises Adjusted Earnings Guidance, 1Q Revenue, Profit Rise

Published: 2026-04-21 07:01:22 ET DHR

Published on 04/21/2026 at 07:01 am EDT

By Adriano Marchese

Danaher raised the top end of its adjusted earnings outlook after first-quarter profit and sales rose on strength in its Biotechnology and Life Sciences segments.

The diagnostics and life-sciences company on Tuesday upgraded the top end of its expectations for adjusted earnings per share for 2026 to a new range of $8.35 to $8.55, compared with $8.35 to $8.50 previously.

Analysts polled on FactSet expect $8.40 a share.

Danaher noted that core revenue is still expected to grow at a rate of 3% to 6% over the prior year.

For the first quarter, Danaher posted net income of $1.03 billion, or $1.45 a share, compared with $954 million, or $1.32 a share, in the same quarter a year ago.

Adjusted earnings were $2.06 a share. According to FactSet, analysts were expecting $1.94 a share.

Sales rose to $5.95 billion from $5.74 billion, just shy of analyst forecasts of $5.98 billion.

From its three core segments, Biotechnology sales rose 11.5%, while Life Sciences increased by 3.5%. Its Diagnostics unit total sales declined 1.5%.

Chief Executive Rainer Blair said the company continued on a steady recovery path, with strength in Bioprocessing and better-than-expected Life Sciences results largely offsetting a softer first-quarter respiratory season at Cepheid.

Looking ahead to the second quarter, the company expects adjusted core revenue to rise by low-single digit percent range.

Analysts have forecast $6.29 billion, up from $5.94 billion in the prior-year second quarter.

Write to Adriano Marchese at [email protected]

(END) Dow Jones Newswires

04-21-26 0700ET