Fortive Corporation Q2 adjusted earnings of $0.66 per share

Fortive Corporation (FTV) revealed earnings for its second quarter that advanced from last year.

The company's bottom line came in at $163.7 million, or $0.48 per share. This compares with $112.8 million, or $0.33 per share, in last year's second quarter.

Excluding items, Fortive Corporation reported adjusted earnings of $238.8 million or $0.66 per share for the period.

The company's revenue for the quarter rose 26.9% to $1.32 billion from $1.04 billion last year.

Fortive Corporation earnings at a glance:

-Earnings (Q2): $238.8 Mln. vs. $154.9 Mln. last year.
-EPS (Q2): $0.66 vs. $0.43 last year.
-Revenue (Q2): $1.32 Bln vs. $1.04 Bln last year.

Next quarter EPS guidance: $0.62 to $0.66
Full year EPS guidance: $2.65 to $2.75

For comments and feedback contact: editorial@rttnews.com

Follow RTT