Danaher sees Q4 revenue down low-double digits y/y, consensus $5.94B

Danaher announced that its President and CEO, Rainer Blair, will comment tomorrow on the company’s fourth quarter 2023 performance in a presentation at the J.P. Morgan Healthcare Conference at 2:15 p.m. ET. For the fourth quarter 2023, estimated revenues are anticipated to decrease in the low-double digit percent range year-over-year. Estimated non-GAAP core revenue for the fourth quarter of 2023 is expected to decline in the low-double digit percent range, which would be above the company’s previously announced guidance of a high-teens percent decline. Estimated non-GAAP base business core revenue for the fourth quarter of 2023 is expected to decline in the mid-single digit percent range, which would be in line with the company’s previously announced guidance.