Earnings Forecast Research on Fortive Corporation (FTV)

Fortive Corporation has received $0.67 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 9 Financial Advisor in the Stock Trading Firms. Among 9 Analysts, Bottom line EPS Estimate for the current quarter is $0.65 while the top line estimate is $0.68 , a key information to consider for Day Trading and investing in stocks.

Fortive Corporation reported better than expected with a surprise EPS of 13.56% or $0.08 during its most recent quarterly earnings. The Actual EPS was $0.67 compared to the Estimated EPS of $0.59.

In the last quarter, Fortive Corporation reported Annual Earnings of $0.67. In the last Quarter, FTV reported a surprise Earnings per Share of 13.56% . The consensus estimate for current quarter is $0.67 and for the current fiscal year, the estimate is $2.49. For the Next fiscal year, the estimate is $2.67 based on the consensus.

Fortive Corporation (NYSE:FTV) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.13 points or 0.23% at $55.31 with 1,792,769 shares getting traded. Post opening the session at $55.24, the shares hit an intraday low of $54.91 and an intraday high of $55.54 and the price was in this range throughout the day. The company has a market cap of $19,123 million and the number of outstanding shares has been calculated to be 345,738,550 shares. The 52-week high of Fortive Corporation (NYSE:FTV) is $56.24 and the 52-week low is $45.

Fortive Corporation is an industrial growth company. Its segment comprised of Professional Instrumentation and Industrial Technologies. Professional Instrumentation segment consists of instrumentation and solutions, sensing technologies businesses. Industrial Technologies segment consists of transportation technologies, automation and specialty components and franchise distribution businesses. Fortive Corporation is based in WA, United States.

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