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Danaher Affirms Profit Outlook

The company expected earnings range encompasses analysts' estimates.

Environmental tool manufacturer

Danaher

(DHR) - Get Danaher Corporation Report

affirmed its second-quarter and full-year earnings estimates, which fall in line with analysts' consensus.

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The company expects to earn 75 cents to 80 cents a share in the second quarter, compared with 66 cents a share in the previous-year quarter. Analysts expect 78 cents a share, on average.

Looking to full-year 2003 results, the Washington-based company expects to earn $3.13 to $3.28 a share. Analysts' consensus is $3.18 a share. The company earned $2.74 a share in the prior-year.

Shares of the company were rising 52 cents to $69.36 on the news.