July 30 (Reuters) - Fortive ( FTV ) on Wednesday beat

second-quarter profit estimates, as higher margins at its

healthcare segment and lower operating costs at its larger

intelligent operating solutions segment, offset softening demand

for the company's industrial products.

Shares of the maker of industrial measurement equipment and

software-enabled automation used in various industries rose

nearly 2.1% in premarket trading.

"Despite uncertainty related to trade, healthcare and

government spending policy impacting demand in the second

quarter, we delivered strong earnings," CEO Olumide Soroye said.

U.S. President Donald Trump's wave of tariffs on materials

such as copper and steel, and on countries including China, have

created the risk of disrupting an already-strained supply chain

and increased costs for businesses.

However, Fortive's ( FTV ) cost reduction measures have helped it

beat Wall Street expectations for the quarter's profit and

revenue despite flat growth from an year ago.

As part of the effort, the company completed its spin-off of

Ralliant ( RAL ) in June, which it had announced in September

last year.

Ralliant ( RAL ), consists of Fortive's ( FTV ) previous precision

technologies segment which makes electrical testing,

measurement, sensing, and material technologies for several

industrial end markets.

For continuing operations excluding Ralliant ( RAL ), Fortive ( FTV ) now

anticipates annual adjusted net earnings per share of $2.50 to

$2.60.

Last quarter, it had forecast annual adjusted profit ranging

$3.80 to $4 per share, prior to the spin off.

The Everett, Washington-based company reported an adjusted

profit of 90 cents per share for the quarter ended June 27,

compared with estimates of 59 cents, according to data compiled

by LSEG. Last year it posted an adjusted profit of 93 cents

apiece.

Its quarterly revenue fell by $4 million to $1.02

billion from a year earlier. Analysts, on average, were

expecting $1.01 billion.