Crossing Wall Street: Your Guide to Financial Success, Hosted by Eddy Elfenbein
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October 18, 2007 Two Quick Earnings Notes

Solid numbers from Danaher (DHR) this morning. The company netted 98 cents a share, which is a penny better than the top of its range. There was also another nickel a share due to favorable tax treatment.

This is a quiet company but don’t let that fool you. For the year, DHR is looking at 16%-18% growth and it’s going for 21-22 times this year’s earnings. I wouldn’t mind seeing it pull back some, but either way, this is a very sound company.

Also, UnitedHealth (UNH) earned 95 cents a share, three cents more than estimates. What caught my eye was this was the first time the company made a forecast for next year. The EPS range for 2008 is $3.95 to $4.

As I said last week, this is a good long-term buy below $50.

Posted by edelfenbein at October 18, 2007 6:44 AM

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