Investing.com - Fortive reported first quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.63 on revenue of $1.26B. Analysts polled by Investing.com anticipated EPS of $0.596 on revenue of $1.22B. .
For the year, Fortive shares are up 5.7%, under-performing the S&P 500 which is up 12.12% year to date.
Fortive follows other major Technology sector earnings this month
On Wednesday, Apple reported second quarter EPS of $1.4 on revenue of $89.58B, compared to forecasts of EPS of $0.983 on revenue of $76.71B.
Microsoft earnings beat analyst's expectations on Tuesday, with third quarter EPS of $1.95 on revenue of $41.71B. Investing.com analysts expected EPS of $1.78 on revenue of $41.04B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar