FTV Stock Recent News

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico, and President and Chief Executive Officer, Precision Technologies (PT) and Advanced Healthcare Solutions (AHS), Tami Newcombe, will be presenting 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 audio will be simultaneously webcast and will be archived on www.fortive.com. ABOUT.

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Fortive Corporation FTV has announced its plans to pursue a tax-free spin-off of its Precision Technologies segment and form two independent, publicly traded companies with separate business models and investment policies. The spin-off is expected to be completed in the fourth quarter of 2025, pending certain conditions.

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced its intention to pursue a tax-free spin-off of its Precision Technologies segment (“NewCo”). The planned spin-off will create two independent publicly traded companies, each with focused business models and tailored investment and capital allocation strategies. James A. Lico, Fortive's President and Chief Executive Officer, stated, “Over the last eight years, we've created a more durable, higher-growth.

Fortive (FTV) reported earnings 30 days ago. What's next for the stock?

Accruent expands its executive leadership team, focusing on customer success and product innovation to further enhance the built environment Accruent expands its executive leadership team, focusing on customer success and product innovation to further enhance the built environment

Fortive's (FTV) second-quarter revenues gain from momentum in the Fortive Business System. However, 2024 revenue guidance has been lowered due to forex headwinds and a revised outlook for Precision Technologies.

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.