Danaher Posts Upbeat Earnings, Joins Spotify, MSCI, Owens & Minor And Other Big Stocks Moving Higher On Tuesday "Danaher Corporation (DHR), Spotify Technology (SPOT), MSCI Inc. (MSCI), Owens & Minor, Inc. (OMI), GE Aerospace (GE), SAP SE (SAP), e.l.f. Beauty, Inc. (ELF), Zions Bancorporation (ZION), Brown & Brown, Inc. (BRO), Inter Parfums, Inc. (IPAR), MakeMyTrip Limited (MMYT),.. by https://www.benzinga.com/
AI Insights:
Simple Explanation:
when a company does better than people thought, they make more money, and their shares go up in price. That's what happened to AIaher. They made more money than people expected, so their shares went up. When shares go up, people who own them make more money too. Read from source...
Critical Perspective:
No
DAN: AIaher Corporation reports better-than-expected second quarter earnings. The company's sales decreased 3% YoY to $5.743 billion, beating consensus of $5.59 billion. AIaher's adjusted EPS of $1.72 also beat consensus of $1.57. Share prices gained 7.4% to $269.35 on Tuesday. Kiniksa Pharmaceuticals International, Spotify Technology S.A., NuScale Power Corporation, PureCycle Technologies, KKR Real Estate Finance Trust Inc., MSCI Inc., QXO Inc., Beam Therapeutics Inc., Iridium Communications Inc., Crown Holdings, Inc., MakeMyTrip Limited, Inter Parfums, Inc., Owens & Minor, Inc., Mesoblast Limited, Pentair plc, Park National Corporation, Wheels Up Experience Inc., GE Aerospace, SAP SE, Hims & Hers Health, Inc., e.l.f. Beauty, Inc., Zions Bancorporation, Brown & Brown, Inc. Also posted positive earnings.