Market Overview

Fortive: Q2 Earnings Insights


Shares of Fortive (NYSE:FTV) rose 1.37% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 24.44% year over year to $0.68, which beat the estimate of $0.57.

Revenue of $1,571,000,000 declined by 15.76% year over year, which beat the estimate of $1,480,000,000.


Earnings guidance hasn't been issued by the company for now.

Fortive hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Jul 28, 2020

Time: 05:30 PM

ET Webcast URL:


Company's 52-week high was at $80.61

Company's 52-week low was at $37.31

Price action over last quarter: Up 16.92%

Company Profile

Spun off from Danaher in 2016, Fortive is a diversified industrial firm operating in two business segments: professional instruments and industrial technologies. The company serves a wide range of end markets, including retail fueling, manufacturing, medical, automotive aftermarket, and power. Its broad array of products includes test tools, sensors, fueling equipment, telematics, point-of-sale and payment systems, and associated software. Fortive generated roughly $7.3 billion in revenue and $1.6 billion in adjusted operating income in 2019.


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Posted-In: Earnings