Fortive Posts 3Q Adjusted EPS of 77 Cents
FTV sits 26% above its 52-week low of $48.975.
Summary
Fortive reported third-quarter adjusted EPS of 77 cents, alongside EPS of 57 cents, sales of $1.11B and net income of $172.5M. Core revenue rose 7.2% to $1.11B, with GAAP diluted EPS of $0.57 and adjusted EPS of $0.77. The company raised its full-year 2026 adjusted EPS guidance to $3.10 to $3.14. The comparison to consensus and to the prior year's 24% operating profit growth and 240 bps margin expansion from Q2 is not yet possible from the headline alone. The stock trades near its 52-week high of $64.56, so expectations are already elevated and the full release will determine whether the quarter supports that level.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Fortive's Q3 core revenue rose 7.2% to $1.11B, GAAP diluted EPS $0.57, adjusted EPS $0.77; FY 2026 adjusted EPS guidance raised to $3.10-$3.14.
At the time of this announcement, FTV was trading at $61.62 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $18.6B. The 52-week trading range was $48.98 to $64.56. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.