Fortive (FTV) Tops Q1 EPS by 3c; Withdraws Guidance
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Fortive Reports First Quarter 2020 Results
April 30, 2020 4:15 PM EDTEVERETT, Wash.--(BUSINESS WIRE)-- Fortive Corporation (Fortive) (NYSE: FTV) today announced results for the first quarter 2020.
For the first quarter ended March 27, 2020, net earnings from continuing operations attributable to common stockholders were $25.0 million. For the same period, adjusted net earnings from continuing operations were $264.3 million. Diluted net earnings per share from continuing operations for the first quarter ended March 27, 2020 were $0.07. For the same period, adjusted diluted net earnings per share from continuing operations were $0.74.
For the first quarter of 2020, revenues from continuing operations increased 7.6% year-over-year to $1.7 billion, which reflected a... More
