Fortive (FTV) Tops Q3 EPS by 1c

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Fortive Reports Strong Third Quarter 2021 Results; Raises Low End of Full Year Adjusted EPS Guidance

October 28, 2021 4:15 PM EDT

Total revenue increased 12.0%, with core revenue up 9.1% Delivered significant margin improvement, strong adjusted operating margin expansion and robust cash flow growth Software businesses generated mid-teens growth Strong broad-based demand and order trends across the portfolio

EVERETT, Wash.--(BUSINESS WIRE)-- Fortive Corporation (Fortive) (NYSE: FTV) today announced results for the third quarter 2021.

For the third quarter ended October 1, 2021, net earnings from continuing operations were $151.1 million. For the same period, adjusted net earnings from continuing operations were $240.5 million. Diluted net earnings... More