Fortive corporation reports unaudited consolidated earnings results for the third quarter and nine months ended september 27, 2019; provides earnings guidance for the fourth quarter and full year ending december 31, 2019
Fortive corporation reported unaudited consolidated earnings results for the third quarter and nine months ended september 27, 2019. for the quarter, the company's sales were $1,860.0 million compared to $1,601.2 million a year ago. operating profit was $242.1 million compared to $281.6 million a year ago. net earnings was $207.1 million compared to $245.3 million a year ago. net earnings per share from continuing operations - basic was $0.57 compared to $0.56 a year ago. net earnings per share from continuing operations - diluted was $0.56 compared to $0.55 a year ago. net earnings per share -basic was $0.56 compared to $0.65 a year ago. net earnings per share -diluted was $0.56 compared to $0.64 a year ago.for the nine months, the company's sales were $5,317.6 million compared to $4,695.2 million a year ago. operating profit was $708.9 million compared to $883.9 million a year ago. net earnings was $546.1 million compared to $801.5 million a year ago. net earnings per share from continuing operations - basic was $1.47 compared to $1.89 a year ago. net earnings per share from continuing operations - diluted was $1.46 compared to $1.86 a year ago. net earnings per share -basic was $1.47 compared to $2.24 a year ago. net earnings per share -diluted was $1.46 compared to $2.21 a year ago.the company also provided earnings guidance for the fourth quarter and full year ending december 31, 2019. for the quarter, the company's diluted net earnings per share from continuing operations attributable to common stockholders is expected to be between $0.36 to $0.41. for the year, the company's diluted net earnings per share from continuing operations attributable to common stockholders is expected to be between $1.81 to $1.86.
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