Fortive (FTV) Misses Q3 EPS by 1c

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Fortive Reports Third Quarter 2018 Results

October 25, 2018 4:17 PM EDT

EVERETT, Wash.--(BUSINESS WIRE)-- Fortive Corporation (Fortive) (NYSE: FTV) today announced results for the third quarter 2018.

For the third quarter ended September28, 2018, net earnings attributable to common stockholders were $227.9 million. For the same period, adjusted net earnings were $321.1 million. Diluted net earnings per share for the third quarter ended September28, 2018 were $0.64. For the same period, adjusted diluted net earnings per share were $0.86.

For the third quarter of 2018, revenues increased 9.2% year-over-year to $1.8 billion, with core revenue growth of 3.2%.

James A. Lico, President and Chief Executive Officer, stated, Today we reported third quarter... More