Fortive Reports First Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/17/2026
- S&P 500 inches lower as Middle East tensions outweigh tech gains
- L3Harris CEO steps down amid conduct review, shares drop
- Reddit leads social media platforms in revenue growth per user
- Northland Upgrades Astera Labs (ALAB) to Outperform, 'Right Time, Customers, and Products'
- H.C. Wainwright Reiterates Buy Rating on Soluna (SLNH)
Fortive (FTV) Tops Q1 EPS by 3c; Withdraws Guidance
April 30, 2020 4:16 PM EDTFortive (NYSE: FTV) reported Q1 EPS of $0.74, $0.03 better than the analyst estimate of $0.71. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.78 billion.
James A. Lico, President and Chief Executive Officer, stated, In the first quarter, strong core operating margin expansion enabled us to deliver adjusted earnings per share at the high-end of our guidance and solid free cash flow, all despite a more challenging macroeconomic backdrop. These results are a... More
