💨 Abstract

Fortive Corp. reported a first-quarter profit of $171.9 million, meeting Wall Street expectations with earnings of 85 cents per share. However, revenue of $1.47 billion fell short of forecasts. For the current quarter, Fortive expects earnings between 85 cents and 90 cents per share, and full-year earnings between $3.80 and $4 per share.

Courtesy: wtop.com

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