FortiveNYSE: FTV

Fortive (FTV) reported quarterly earnings of $0.97 per share, which is higher than the Zacks Consensus Estimate of $0.93 per share. This is an increase compared to earnings of $0.85 per share from the same period last year.

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) has released its financial results for the third quarter of 2024. The company reported net earnings of $222 million and adjusted net earnings of $342 million for this period. Additionally, revenues rose by 3% compared to the previous year, reaching $1.54 billion, with a 1% increase in core revenue.

Fortive (FTV) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

Summary of the Agreement

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) has announced that its President and CEO, James A. Lico, along with Tami Newcombe, the President and CEO of Precision Technologies (PT) and Advanced Healthcare Solutions (AHS), will speak at the J.P. Morgan U.S. All Stars Conference on Wednesday, September 18th, 2024, at 4:00 p.m. BST (11:00 a.m. ET). The presentation will be available as a live audio webcast and will also be archived on www.fortive.com.

Everett, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) has announced plans to spin off its Precision Technologies segment into a separate, tax-free company called “NewCo.” This move will result in two independent publicly traded companies, each with specific business models and investment strategies. James A. Lico, Fortive's President and CEO, mentioned that they have built a stronger and faster-growing company over the past eight years.

Fortive (FTV) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

Accruent is growing its executive leadership team to improve customer satisfaction and drive product innovation. This move aims to better the built environment.

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.