Investing.com - Fortive reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.78 on revenue of $1.46B. Analysts polled by Investing.com expected EPS of $0.7207 on revenue of $1.4B. .
For the year, Fortive shares are down 22.01%, under-performing the S&P 500 which is down 15.58% year to date.
Fortive follows other major Industrials sector earnings this month
On Tuesday, United Parcel Service reported second quarter EPS of $3.29 on revenue of $24.77B, compared to forecasts of EPS of $3.16 on revenue of $24.65B.
Union Pacific earnings beat analyst's expectations on Thursday, July 21, 2022, with second quarter EPS of $2.93 on revenue of $6.27B. Investing.com analysts expected EPS of $2.84 on revenue of $6.12B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar