monsitj Investment Thesis Fortive Corporation (NYSE:FTV) should continue to deliver good revenue and margin growth moving forward. The company’s revenue growth should benefit from continued strength in its Intelligent Operating Solutions and Advanced Healthcare Solutions segments. While the Precision Technologies segment has seen some weakness over the last few quarters, some green shoots like stabilizing orders indicate a potential for recovery in the back half of 2024. In addition, the company has a s ...

Fortive Corporation (FTV) reported first-quarter 2024 adjusted earnings per share (EPS) of 83 cents, which topped the Zacks Consensus Estimate by 5.1%. The bottom line increased 11% year over year.Revenues rose 4% year over year to $1.52 billion. However, it missed the Zacks Consensus Estimate by 0.1%. Core revenues also moved up 3% year over year, gaining from acceleration in the Intelligent Operating Solutions and Healthcare segments.The year-over-year improvement in the top line was driven by continued m ...

Operator Jim, just in AHS, I know you did well in the quarter and maybe you talked about some potential upside there. You did mention maybe some Provation headwinds still. Is there anything that's still holding you back at all from even better performance with the understanding that it was quite good in the quarter? And then I know you reiterated it, but like when I think about the 450 for next year, like there's a fair amount of moving pieces nowadays, FX, M&As as we talked about. So what's your confidence ...

Fortive (FTV) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.06%. A quarter ago, it was expected that this industrial conglomerate would post earnings of $0.93 per share when it actually produced earnings of $0.98, delivering a surprise of 5.38%.Over the last four quarters, the com ...

Exhibit 99.1 Fortive Reports Strong First Quarter 2024 Results Raises Full Year 2024 Outlook • Strategy to build a more durable growth company is working, evidenced by better than expected Q1 performance in all segments • Total and core revenue growth of 4% and 3% respectively, with record margin performance driven by FBS-enabled innovation and relentless focus on execution • GAAP diluted EPS of $0.58, up 18%; adjusted diluted EPS of $0.83, up 11%; reported operating cash flow of $257 million and free cash ...

Fortive (FTV) has been beaten down lately with too much selling pressure. While the stock has lost 6.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measur ...

The market expects Fortive (FTV) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Ap ...

Uber Technologies (UBER) shares have performed well on the bourse over the past year driven by multiple tailwinds. If you have not taken advantage of its share price appreciation yet, it’s time to do so.Let’s take a look at the factors that make the stock a strong investment pick at the moment.Strong Price Performance: A glimpse at the company’s price trend reveals that its shares have surged 139.9% in the past year, surpassing the industry’s 48.9% growth.Image Source: Zacks Investment ResearchSolid Rank & ...

Fortive Corporation’s (FTV) subsidiary, Fluke Corp, has unveiled the PVA-1500 Series I-V curve tracer. The tracer will enhance the speed and accuracy of utility-scale solar technicians as well as improve testing operations for effective service and maintenance.The advanced tool aims to address the pressing need for reliable testing of photovoltaic arrays, which, in turn, boosts performance and optimizes returns on investment. The PVA-1500 I-V curve tracers include rapid testing capabilities and precise meas ...

EVERETT, Wash.--(BUSINESS WIRE)--Fluke Corp, a wholly owned subsidiary of Fortive Corporation [NYSE: FTV] and a global leader in test and measurement instruments, today announced the launch of the PVA-1500 Series I-V curve tracer, designed to empower utility-scale solar technicians with speed, accuracy, and streamlined testing operations for effective service and maintenance. This innovative tool addresses the critical need for efficient and reliable PV array testing, ultimately optimizing performance and m ...