Fortive (FTV) Tops Q4 EPS by 6c, Revenues Beat; Offers Q1 & FY20 EPS Guidance Below Consensus

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Go back to Fortive (FTV) Tops Q4 EPS by 6c, Revenues Beat; Offers Q1 & FY20 EPS Guidance Below Consensus

Fortive Reports Fourth Quarter 2019 Results

February 6, 2020 4:17 PM EST

EVERETT, Wash.--(BUSINESS WIRE)-- Fortive Corporation (Fortive) (NYSE: FTV) today announced results for the fourth quarter 2019.

For the fourth quarter ended December 31, 2019, net earnings from continuing operations attributable to common stockholders were $161.6 million. For the same period, adjusted net earnings from continuing operations were $367.8 million. Diluted net earnings per share from continuing operations for the fourth quarter ended December 31, 2019 were $0.48. For the same period, adjusted diluted net earnings per share from continuing operations were $1.03.

For the fourth quarter of 2019, revenues from continuing operations increased 13.9% year-over-year to $2.0 billion, with core revenue... More