Fortive Reports Second Quarter 2018 Results

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Fortive (FTV) Tops Q2 EPS by 2c, Revenues Beat; Offers FY18 EPS Outlook

July 26, 2018 4:43 PM EDT

Fortive (NYSE: FTV) reported Q2 EPS of $0.91, $0.02 better than the analyst estimate of $0.89. Revenue for the quarter came in at $1.86 billion versus the consensus estimate of $1.83 billion.

James A. Lico, President and Chief Executive Officer, stated, Today we reported another quarter of double-digit adjusted earnings and sales growth and strong free cash flow performance. As we look to the second half of the year, we expect our core growth... More