31.01.2024 13:35:59 - dpa-AFX: Fortive Corporation Q4 Profit Increases, beats estimates

WASHINGTON (dpa-AFX) - Fortive Corporation (FTV) reported a profit for its
fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line totaled $265.2 million, or $0.75 per share. This
compares with $227.2 million, or $0.64 per share, in last year's fourth quarter.

Excluding items, Fortive Corporation reported adjusted earnings of $348.7
million or $0.98 per share for the period.

Analysts on average had expected the company to earn $0.94 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 3.3% to $1.58 billion from $1.53
billion last year.

Fortive Corporation earnings at a glance (GAAP) :

-Earnings (Q4): $265.2 Mln. vs. $227.2 Mln. last year.
-EPS (Q4): $0.75 vs. $0.64 last year.
-Analyst Estimate: $0.94
-Revenue (Q4): $1.58 Bln vs. $1.53 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
FORTIVE CORP. DL-,01 A2AJ0F Frankfurt 69,620 24.05.24 08:15:30 -1,500 -2,11% 0,000 0,000 69,620 69,620

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