11:29 AM EDT, 04/23/2024 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.)

Danaher's ( DHR ) shares were up more than 7% in recent Tuesday trading after the company reported fiscal Q1 adjusted earnings of $1.92 per diluted share, down from $2.05 a year earlier.

Analysts polled by Capital IQ expected $1.71.

Sales for the quarter ended March 29 were $5.8 billion, down from $5.95 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.62 billion.

The company expects Q2 non-GAAP core revenue to be down mid-single digits and down low-single digits for full-year 2024.

Price: 253.14, Change: +17.06, Percent Change: +7.23