Fortive Reports Fourth Quarter 2018 Results and Initiates 2019 Guidance

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Fortive (FTV) PT Lowered to $69 at RBC Capital

February 8, 2019 6:32 AM EST

RBC Capital analyst Deane Dray lowered the price target on Fortive (NYSE: FTV) to $69.00 (from $70.00) while maintaining a Sector Perform rating.

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Fortive (FTV) Posts Q4 EPS of $0.66

February 7, 2019 4:28 PM EST

Fortive (NYSE: FTV) reported Q4 EPS of $0.66, which may not compare to the analyst estimate of $0.85. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.77 billion.

GUIDANCE:

Fortive sees FY2019 EPS of $3.40-$3.50, versus the consensus... More