Investing.com - Fortive reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.66 on revenue of $1.32B. Analysts polled by Investing.com expected EPS of $0.6006 on revenue of $1.29B. .
For the year, Fortive shares are down 2.51%, under-performing the S&P 500 which is up 17.65% year to date.
Fortive follows other major Technology sector earnings this month
On Thursday, July 15, 2021, Taiwan Semiconductor reported second quarter EPS of $0.929 on revenue of $13.35B, compared to forecasts of EPS of $0.9296 on revenue of $13.23B.
Snap earnings beat analyst's expectations on Thursday, July 22, 2021, with second quarter EPS of $-0.1 on revenue of $982.11M. Investing.com analysts expected EPS of $-0.1814 on revenue of $845.61M
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar