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.

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.

Excitement surrounding artificial intelligence (AI) continues to drive the tech sector in 2024. Consequently, it is propelling the Nasdaq Composite index nearly 20% higher to record highs.

The Zacks Electronics -Testing Equipment industry players, such as AME, TER and FTV, are poised well to benefit from the solid demand for test systems and 5G prospects.

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.

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) announced today it has published its annual Sustainability Report, detailing the company's progress and continued commitment to achieving ambitious goals for a sustainable future. “Sustainability is inextricably linked to our shared purpose—essential technologies for the people who accelerate progress. Our vision and commitment to Sustainability are both expansive and ambitious,” said James A. Lico, President and Chief.