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Fortive Corporation

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Fortive reported mixed fourth-quarter results, with earnings surpassing the Zacks Consensus Estimate while revenues missing the same. The company’s strong product pipelines and increasing buyouts will continue to improve its market share. Further, well-performing Gilbarco Veeder-Root and Jacobs Vehicle Systems remain positive for its position in North America and China. However, fluctuations in foreign exchange rates pose a serious risk. Further, higher expenses and integration issues remain major concerns. Moreover, end market cyclicality poses a serious threat to the company’s top-line growth. The company has outperformed the industry it belongs to over a year.


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