FTV Stock Recent News

Fortive (FTV) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Fortive Corporation is expected to continue delivering good revenue and margin growth, driven by its Intelligent Operating Solutions and Advanced Healthcare Solutions segments. The Precision Technologies segment has seen some weakness, but there are signs of potential recovery in the second half of 2024. The company has a strong balance sheet and cash-generative profile, positioning it well for organic growth and accretive M&As.

Fortive's (FTV) first-quarter revenues increase year over year due to continued momentum in the Fortive Business System.

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.

Besides Wall Street's top -and-bottom-line estimates for Fortive (FTV), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Fortive's (FTV) Q1 performance is likely to have benefited from higher customer demand across most geographies and continued strength in software and other recurring revenue businesses.

Fortive (FTV) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Fortive (FTV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the first quarter 2024 on Wednesday, April 24, 2024 beginning at 12:00 p.m. ET and lasting approximately 1 hour. The call and an accompanying slide presentation will be webcast on the "Investors" section of Fortive's website, www.fortive.com, under "Events/Presentations." A replay of the webcast will be available at the same location shortly after th.

Fortive's (FTV) subsidiary launches the I-V curve tracer to address the pressing need for reliable testing of photovoltaic arrays.