FTV Stock Recent News

Get a deeper insight into the potential performance of Fortive (FTV) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Fortive (FTV) completes acquisition of EA Elektro-Automatik Holding GmbH to bolster its position in the electronic testing and measurement market.

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the fourth quarter and full year 2023 on Wednesday, January 31, 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.

Fortive Corporation released strong third-quarter results and reaffirmed guidance for the year. FTV is a solid business with diversified revenue and growing earnings, including successful acquisitions. The future looks positive for FTV, with anticipated double-digit YoY growth and potential upside in the stock price.

Fortive should see a reacceleration in growth due to bottoming orders in its Tektronix business and the completion of the transition to a direct sales model in the ASP business. The company's revenue growth is supported by strength in the Facility and Asset Lifecycle and software businesses, as well as potential interest rate cuts in FY24. Fortive Corporation's margins are expected to benefit from operating leverage, cost reductions, and productivity initiatives.

Fortive's (FTV) performance gains from strong revenue growth across Intelligent Operating Solutions and Precision Technologies business segments.

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

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Senior Vice President and Chief Financial Officer, Charles E. McLaughlin, will be presenting at the Baird 2023 Global Industrial Conference on Tuesday, November 7th, 2023 at 8.20 a.m. ET (5:20 a.m. PT). The audio will be simultaneously webcast and will be archived on www.fortive.com. ABOUT FORTIVE Fortive is a provider of essential technologies for connected workflow solutions across a range of att.

Fortive (FTV) is set to acquire EA Elektro-Automatik Holding GmbH for $1.45 billion in cash by early first-quarter 2024.

Fortive Corporation's share price has remained largely stagnant since its spinoff from Danaher in 2016. The company's three segments focus on intelligent operating solutions, precision technologies, and advanced healthcare solutions. Fortive Corporation has seen modest growth in sales and earnings, with a manageable net debt load and disciplined capital allocation.