Fortive (FTV) Meets Q1 Earnings Estimates

Fortive (FTV) came out with quarterly earnings of $0.85 per share, in line with the Zacks Consensus Estimate. This compares to earnings of$0.83 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this industrial conglomerate would post earnings of $1.12 per share when it actually produced earnings of$1.17, delivering a surprise of 4.46%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Fortive, which belongs ...