Fortive (FTV) Posts Q4 EPS of $0.66

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Fortive Reports Fourth Quarter 2018 Results and Initiates 2019 Guidance

February 7, 2019 4:17 PM EST

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

For the fourth quarter ended December31, 2018, net earnings from continuing operations attributable to common stockholders were $222.8 million. For the same period, adjusted net earnings from continuing operations were $325.1 million. Diluted net earnings per share from continuing operations for the fourth quarter ended December31, 2018 were $0.66. For the same period, adjusted diluted net earnings per share from continuing operations were $0.91.

For the fourth quarter of 2018, revenues from continuing operations increased 11.4% year-over-year to $1.8 billion, with core revenue growth of 7.4%.... More