Investing.com - Fortive reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.79 on revenue of $1.46. Analysts polled by Investing.com expected EPS of $0.76 on revenue of $1.45B. .
For the year, Fortive shares are down 27%, under-performing the Dow Jones which is down 12.39% year to date.
Fortive follows other major Industrials sector earnings this month
On Tuesday, United Parcel Service reported third quarter EPS of $2.99 on revenue of $24.2B, compared to forecasts of EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies earnings beat analyst's expectations on Tuesday, with third quarter EPS of $1.21 on revenue of $17B. Investing.com analysts expected EPS of $1.14 on revenue of $17.31B
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