Benzinga | Jul 28, 2020 04:35PM EDT

Fortive Q2 EPS $0.33 Misses $0.57 Estimate, Sales $1.60B Beat $1.48B Estimate

Fortive (NYSE:FTV) reported quarterly earnings of $0.33 per share which missed the analyst consensus estimate of $0.57 by 42.11 percent. This is a 63.33 percent decrease over earnings of $0.90 per share from the same period last year. The company reported quarterly sales of $1.60 billion which beat the analyst consensus estimate of $1.48 billion by 8.11 percent. This is a 14.21 percent decrease over sales of $1.86 billion the same period last year.