Core Insights - Fortive reported revenue of $1.47 billion for the quarter ended March 2025, a decrease of 3.3% year-over-year, and EPS of $0.85, slightly up from $0.83 in the previous year [1] - The revenue fell short of the Zacks Consensus Estimate of $1.49 billion, resulting in a surprise of -1.22%, while the EPS met the consensus estimate [1] Financial Performance Metrics - Sales in Intelligent Operating Solutions reached $671.40 million, exceeding the estimated $669.35 million, reflecting a year-over-year increase of 0.9% [4] - Sales in Advanced Healthcare Solutions were $302.20 million, slightly below the estimated $303.14 million, with a year-over-year increase of 0.8% [4] - Sales in Precision Technologies were reported at $500.60 million, significantly lower than the estimated $524.46 million, marking a year-over-year decline of 10.5% [4] - Operating profit for Precision Technologies was $87.30 million, below the average estimate of $98.49 million [4] - Operating profit for Intelligent Operating Solutions was $173.70 million, surpassing the estimated $158.96 million [4] - Operating profit for Advanced Healthcare Solutions was $26.30 million, exceeding the average estimate of $24.60 million [4] - Adjusted operating profit (Non-GAAP) for Advanced Healthcare Solutions was $70.90 million, below the estimate of $74.55 million [4] - Adjusted operating profit (Non-GAAP) for Intelligent Operating Solutions was $223.70 million, above the estimate of $211.49 million [4] - Adjusted operating profit (Non-GAAP) for Precision Technologies was $109.10 million, below the average estimate of $122.67 million [4] - Operating profit for Other segments was reported at -$53.70 million, worse than the estimated -$36.23 million [4] Stock Performance - Fortive's shares have returned -6.2% over the past month, compared to a -0.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
Here's What Key Metrics Tell Us About Fortive (FTV) Q1 Earnings