After Disappointing Earnings, Is Danaher Corporation Still Worth Investing In?

After Disappointing Earnings, Is Danaher Corporation Still Worth Investing In?

Danaher Corporation's (NYSE: DHR) second-quarter results were almost an investing trivia question: Which company beat earnings expectations and raised full-year guidance, but still managed to disappoint investors? The answer: Danaher. Its earnings were good, but the company is tracking behind its full-year revenue guidance, and there are question marks on its dental segment. Is Danaher still worth investing in?

Management's guidance going into the second-quarter was for core revenue growth of around 2.5% and adjusted diluted non-GAAP EPS in the range of $0.95 to $0.98. The good news is that adjusted diluted noon-GAAP EPS came in $0.99 in the quarter and management subsequently raised its full-year adjusted diluted non-GAAP EPS guidance range to $3.90-$3.97 from $3.85-$3.95.

Weakness in dental consumables has hurt Danaher Corporation. Image source: Danaher Corporation.

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Source: Fool.com