Fortive Corp

NYSE:FTV   3:59:56 PM EDT
71.66
-0.18 (-0.25%)
4:00:00 PM EDT: $71.71 +0.05 (+0.07%)
Positive Earnings Pre-Announcement

Fortive Reports First Quarter 2021 Results

Published: 04/29/2021 20:49 GMT
Fortive Corp (FTV) - Fortive Reports Strong First Quarter 2021 Results; Raises Full-year 2021 Revenue and EPS Guidance.
Sees FY Adjusted Earnings per Share $2.50 to $2.60 From Continuing Operations.
Sees Q2 Adjusted Earnings per Share $0.56 to $0.60 From Continuing Operations.
Sees FY Earnings per Share $1.50 to $1.60 From Continuing Operations.
Sees Q2 Earnings per Share $0.32 to $0.36 From Continuing Operations.
Diluted Net Earnings per Share From Continuing Operations for Q1 Ended April 2, 2021 Were $0.28.
Qtrly Adjusted Diluted Net Earnings per Share From Continuing Operations Were $0.63.
Qtrly Revenues From Continuing Operations Increased 13.6% Year-over-year to $1.3 Billion.
Q1 Earnings per Share View $0.60, Revenue View $1.22 Billion -- Refinitiv Ibes Data (analyst estimates).
Q2 Earnings per Share View $0.58 -- Refinitiv Ibes Data (analyst estimates).
FY2021 Earnings per Share View $2.53 -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $1.26 Billion
Adjusted EPS is expected to be $0.58

Next Quarter Revenue Guidance is expected to be $1.26 Billion
Next Quarter EPS Guidance is expected to be $0.62

More details on our Analysts Page.