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 ...

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 EVERETT, WA, April 24, 2024 - Fortive Corporation ("Fortive") (NYSE: FTV) today announced financial results for the first quarter of 2024. For the first quarter, net earnings were $207 million. For the same period, adjusted net earnings were $295 million, which excludes the $63 million gain on sale of property in our Precision Technologies Segment. Diluted net earnings per share for the first quarter was $0.58. For ...

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 ...