Investing.com - Fortive reported fourth quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $3.47 on revenue of $1.32B. Analysts polled by Investing.com expected EPS of $0.6213 on revenue of $1.29B. .
For the year, Fortive shares are up 3%, broadly in line with the S&P 500 which is up 3.08% year to date.
Fortive follows other major Technology sector earnings this month
On Wednesday, January 27, 2021, Apple reported first quarter EPS of $1.68 on revenue of $111.44B, compared to forecasts of EPS of $1.42 on revenue of $103.27B.
Microsoft earnings beat analyst's expectations on Tuesday, January 26, 2021, with second quarter EPS of $2.03 on revenue of $43.08B. Investing.com analysts expected EPS of $1.64 on revenue of $40.22B
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