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July 17, 2008 Danaher and Math

Maybe I’m missing something, but I’m going through Danaher’s (DHR) earnings report and the numbers don’t add up. For the second quarter, the company earned $363.448 million and the number of diluted shares is 336.551. That comes to $1.08 a share while the company lists it as $1.09. I know it’s just a penny, but there shouldn’t be any mistakes here. That really undermines my faith in a company.

Am I missing something?

Posted by edelfenbein at July 17, 2008 1:03 PM

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