FTV Stock Recent News

While the top- and bottom-line numbers for Fortive (FTV) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

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.

Fortive's (FTV) Q2 performance is likely to have benefited from higher customer demand and continued strength in software and other recurring revenue businesses.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Fortive (FTV), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

Fortive (FTV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Fortive (FTV) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--FTV Capital, a prominent sector-focused growth equity investment firm with a successful 25+-year track record of investing in financial and enterprise technology, today announced the opening of its London office to serve as the firm's hub for UK and European investments. FTV also announced Richard Earnshaw has joined the firm as partner to lead and grow the London-based team while deepening the firm's investing efforts throughout Europe. Located in May.

EVERETT, Wash.--(BUSINESS WIRE)--In the release dated May 01, 2024, the first sentence has been revised. The updated release reads: FORTIVE TO PRESENT AT THE BANK OF AMERICA TRANSPORTATION, AIRLINES, AND INDUSTRIALS CONFERENCE 2024 Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Tami Newcombe, President and Chief Executive Officer of Precision Technologies (PT) and Advanced Healthcare Solutions (AHS), will be presenting at the Bank of America Transportation, Airlines, and Indus.

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.