Fortive Q4 2019 Earnings Report
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
Fortive Revenue by Segment
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income