Fortive (NYSE: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.
