Danaher (NYSE:DHR) shares fell over 4.5% in pre-market Tuesday despite the company reporting better-than-expected profit and revenue numbers.
Danaher posted a profit per share of $2.05 on revenue of $7.16 billion, ahead of the consensus for earnings of $2.01 on revenue of $7.11B. Operating profit was reported at $1.43B.
The weakness in shares could be assigned to weaker-than-expected FCF, which came in at $1.59B, missing the consensus of $1.73B.
"We are pleased with our second quarter results which met our expectations, despite a more dynamic operating environment," Rainer M. Blair, president and chief executive officer, stated.