Fortive (FTV) Tops Q3 EPS by 8c

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Fortive Reports Third Quarter 2020 Results

October 27, 2020 4:15 PM EDT

EVERETT, Wash.--(BUSINESS WIRE)-- Fortive Corporation (Fortive) (NYSE: FTV) today announced results for the third quarter 2020.

For the third quarter ended September 25, 2020, net earnings from continuing operations attributable to common stockholders were $208.5 million. For the same period, adjusted net earnings from continuing operations were $338.5 million. Diluted net earnings per share from continuing operations for the third quarter ended September 25, 2020 were $0.61. For the same period, adjusted diluted net earnings per share from continuing operations were $0.94.

For the third quarter of 2020, revenues from continuing operations increased 2.3% year-over-year to $1.9 billion, which reflected a... More