Over the last 8 years, we have been intentional about building a proven tool set around how we prioritize and develop new products, bring them to market faster, drive greater returns on R&D investments and deliver differentiated value for our customers. We have several examples of how our increased innovation velocity is contributing to core growth with a pipeline of new products, including in Q2 Fluke launched its new EV charging station analyzer, which allows technicians to perform multiple tests with a s ...

2 4 6 8 FBS Growth & Innovation Acceleration More Growth, More Productivity Innovation revenue opportunity since 2021 DURABLE, HIGH-GROWTH COMPOUNDING CREATING SHAREHOLDER VALUE Figures on this page beyond 2024 represent management's strategic targets, 2024 represents midpoint of current guide • Balanced end market outlook, narrowed FY EPS outlook | --- | --- | --- | --- | |-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | --- | --- | |----------------------------------------------- ...

The reported revenue represents a surprise of -0.61% over the Zacks Consensus Estimate of $1.56 billion. With the consensus EPS estimate being $0.92, the EPS surprise was +1.09%. Here is how Fortive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: For the quarter ended June 2024, Fortive (FTV) reported revenue of $1.55 billion, up 1.7% over the same period last year. EPS came in at $0.93, compared to $0.85 in the year-ago quarter. Si ...

Fortive (FTV) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.09%. A quarter ago, it was expected that this industrial conglomerate would post earnings of $0.79 per share when it actually produced earnings of $0.83, delivering a surprise of 5.06%. Over the last four quarters, the co ...

Exhibit 99.1 Fortive Reports Strong Second Quarter 2024 Results Narrows Full Year 2024 Outlook • Delivered resilient earnings growth and operating cash flow despite delayed recovery • Revenue increase of 2% year-over-year to $1.55 billion • Operating profit margin was 19%, with adjusted operating profit margin of 27%, up 90 bps yearover-year • GAAP diluted EPS of $0.55, adjusted diluted EPS of $0.93, representing high-end of guidance; reported operating cash flow of $309 million and free cash flow of $280 m ...

The company has a trailing four-quarter earnings surprise of 3.6%, on average. Shares of Fortive have risen 2.1% in the past year compared with the sub-industry's growth of 7.3%. Our proven model predicts an earnings beat for Fortive this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. Fortive Corporation (FTV) is scheduled to release second-quarter 2024 results on Jul 24. Non-GAAP earnings per share (EPS) ...

Wall Street analysts forecast that Fortive (FTV) will report quarterly earnings of $0.92 per share in its upcoming release, pointing to a year-over-year increase of 8.2%. It is anticipated that revenues will amount to $1.56 billion, exhibiting an increase of 2.3% compared to the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projectio ...

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 24. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $1.56 billion, up 2.3% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.78% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed ...

This industrial conglomerate has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 5.22%. If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Fortive (FTV) . This company, which is in the Zacks Electronics - Testing Equipment industry, shows potential for ...

Fortive (FTV) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings pic ...