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What to Look for When Danaher (DHR) Reports Q3 Earnings

NEW YORK (TheStreet) -- Shares of Danaher (DHR) were up in late afternoon trading on Wednesday ahead of the company's 2016 third quarter report, due out before Thursday's opening bell.

Analysts surveyed by FactSet are looking for Danaher to post earnings of 82 cents per share on revenue of $4.13 billion.

In 2015, the Washington, DC-based global science and technology company reported earnings of $1.05 per share on revenue of $5.02 billion for the same period.

Jefferies said recently that Danaher's short interest "fell 7%...