Fortive: Q1 Earnings Insights

 

Fortive FTV reported its Q1 earnings results on Thursday, April 28, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Fortive beat estimated earnings by 2.94%, reporting an EPS of $0.7 versus an estimate of $0.68.

Revenue was up $118.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 2.51% drop in the share price the next day.

Here's a look at Fortive's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.78 0.65 0.59 0.60
EPS Actual 0.79 0.66 0.66 0.63
Revenue Estimate 1.44B 1.32B 1.28B 1.22B
Revenue Actual 1.38B 1.30B 1.32B 1.26B

To track all earnings releases for Fortive visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews