Fortive (FTV) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

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 ...