Fortive (FTV) Tops Q4 EPS by 2c

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Fortive Reports Fourth Quarter and Full Year 2021 Results; Introduces First Quarter and Full Year 2022 Outlook

February 3, 2022 7:30 AM EST

Delivered significant core revenue growth, margin expansion, earnings and cash flow growth in 2021 Sequential revenue growth and robust margin expansion across portfolio in Q4 Strong demand for software-enabled workflow solutions yields double-digit software growth Q4 revenue growth of 4%, up 1% core, reflects continued supply chain constraints and COVID challenges Q4 GAAP EPS of $0.46; Adjusted EPS of $0.79, up 13% Expect 2022 GAAP EPS of $2.03-2.17, Up 24-32% and 2022 Adjusted EPS of $3.00-3.13, Up 9-14%

EVERETT, Wash.--(BUSINESS WIRE)-- Fortive Corporation (Fortive) (NYSE:... More