Exhibit 99.1 Fortive Reports Strong Third Quarter 2024 Results Raises Full Year 2024 Outlook • Strong earnings and cash flow performance, above the high-end of Q3 guidance • Delivered consistent revenue growth of 3% year-over-year to $1.54 billion • Operating profit margin was 19%, with adjusted operating profit margin of 27%, up 90 bps yearover-year • GAAP diluted EPS of $0.63, adjusted diluted EPS of $0.97, up 14% year-over-year; reported operating cash flow of $459 million and free cash flow of $431 mill ...

In its upcoming report, Fortive (FTV) is predicted by Wall Street analysts to post quarterly earnings of $0.93 per share, reflecting an increase of 9.4% compared to the same period last year. Revenues are forecasted to be $1.55 billion, representing a year-over-year increase of 3.6%. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Pri ...

Fortive Corporation (FTV) is scheduled to release third-quarter 2024 earnings on Oct. 30, before the closing bell. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Management expects total revenues to be in the range of $1.535-$1.560 billion. The Zacks Consensus Estimate for revenues is currently pegged at $1.55 billion, suggesting an increase of 3.5% from the prior-year quarter's level. Non-GAAP earnings per share (EPS) are estimated to be in the range of 92-95 cents. The Zacks Con ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Fortive (FTV) , which belongs to the Zacks Electronics - Testing Equipment industry. When looking at the last two reports, this industrial conglomerate has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 3.08%, on average, in the last two quarters. For the most recent quarter, Fortive was expected to post earning ...

Austin, TX, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Accruent, the leading provider of workplace and asset management solutions and an operating company of Fortive (NYSE: FTV), will present its forwardlooking vision for the built environment at Accruent Insights 2024, the company's annual user conference. Attendees will discover the latest innovations, including how connected products enhance workflow efficiency, modern strategies revolutionizing space planning, and how to enhance data and security across product ...

(Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) LightRocket via Getty Images Deal Overview On September 04, 2024, Fortive Corporation (NYSE: FTV, $75.71; Market Cap: $26.52 billion) announced its plans to spin-off its Precision Technologies segment ("NewCo"). The spin-off will result in the formation of two separate publicly traded companies, each with distinct business models and customized investment and capital allocation strategies. Post separation, Fortive (stub) will in ...

Eindhoven, Netherlands, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Eindhoven, Netherlands. 17th July 2024: Fluke, a global technology leader in the manufacture of compact, professional electronic test and measurement tools and software, has launched the new Fluke 1670 Series Multifunction Installation Tester which can cut by up to 50% the amount of time electricians and maintenance technicians spend producing reports. Designed by Fluke to represent the future of installation testing and become "the most important t ...

Fortive Corporation (FTV) has announced its plans to pursue a tax-free spin-off of its Precision Technologies segment and form two independent, publicly traded companies with separate business models and investment policies. The spin-off is expected to be completed in the fourth quarter of 2025, pending certain conditions. Post this announcement, the stock gained 3.5% in the pre-market trading hours on Sept. 5. The spin-off will involve pro rata distribution of shares of the new company holding the Precisio ...

It has been about a month since the last earnings report for Fortive (FTV) . Shares have added about 3.5% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Fortive due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Fortive Q2 Earnings Beat Estimates Fortive reported s ...

Austin, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Accruent, the leading provider of workplace and asset management solutions and an operating company of Fortive (NYSE: FTV), today announced the appointment of Richard Leurig to President. Leurig will oversee company strategy and contribute to the organization's continued growth and product innovation. Prior to his promotion to President, Leurig served as Accruent's Chief Product and Technology Officer for more than two years. In this role, Leurig successfully spearh ...