Fortive Corporation (FTV) Reports Q2 EPS of $0.69

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Go back to Fortive Corporation (FTV) Reports Q2 EPS of $0.69

Fortive Reports Second Quarter 2016 Results

August 2, 2016 4:20 PM EDT

EVERETT, Wash., Aug. 2, 2016 /PRNewswire/ -- Fortive Corporation ("Fortive") (NYSE: FTV) today announced results for the second quarter 2016.  Fortive operated as part of Danaher Corporation for the entire second quarter of 2016, and the historical financial measures presented in this announcement were derived from Danaher's accounting records and are presented on a carve out basis.

For the second quarter ended July 1, 2016, GAAP net earnings were $238.9 million, which represents a 5.1% increase over the comparable 2015 amount.  For the same period, non-GAAP adjusted net earnings were $219.8 million, which represents a 0.4% increase over the comparable 2015... More