Loading...
•
Dec 31, 2019
Fortive Q4 2019 Earnings Report
Fortive's Q4 2019 earnings were reported, showcasing revenue growth and strong free cash flow.
Key Takeaways
Fortive reported a 13.9% increase in revenue to $2.0 billion, with a core revenue growth of 0.4%. The company's adjusted EPS was $1.03, and it generated over $450 million in free cash flow, a 17% year-over-year increase.
Revenue increased by 13.9% year-over-year to $2.0 billion.
Core revenue growth was 0.4%.
Adjusted diluted net earnings per share from continuing operations were $1.03.
Free cash flow generation was over $450M, a 17% year-over-year increase.
Fortive
Fortive
Forward Guidance
For the first quarter of 2020, Fortive anticipates diluted net earnings per share from continuing operations to be in the range of $0.24 to $0.28. Fortive anticipates adjusted diluted net earnings per share from continuing operations to be in the range of $0.70 to $0.74. For the full year 2020, Fortive expects diluted net earnings per share from continuing operations to be in the range of $2.16 to $2.26. For the full year 2020, Fortive expects adjusted diluted net earnings per share from continuing operations to be in the range of $3.68 to $3.78.