After Plunging -7.16% in 4 Weeks, Here's Why the Trend Might Reverse for Fortive (FTV)
The heavy selling pressure might have exhausted for Fortive (FTV) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Fortive Corporation (FTV) Q3 2024 Earnings Call Transcript
Fortive Corporation (NYSE:FTV ) Q3 2024 Earnings Conference Call October 30, 2024 12:00 PM ET Company Participants Elena Rosman - Vice President of Investor Relations James Lico - President and Chief Executive Officer Charles McLaughlin - Senior Vice President and Chief Financial Officer Conference Call Participants Nigel Coe - Wolfe Research Julian Mitchell - Barclays Joe Giordano - TD Cowen Jeffrey Sprague - Vertical Research Partners Scott Davis - Melius Research Andrew Kaplowitz - Citigroup Andrew Obin - Bank of America Jamie Cook - Truist Deane Dray - RBC Capital Markets Christopher Snyder - Morgan Stanley Joseph O'Dea - Wells Fargo Operator My name is Brock, and I will be your conference facilitator this afternoon. At this time, I would like to welcome everyone to Fortive Corporation's Third Quarter 2024 Earnings Results Conference Call.
Compared to Estimates, Fortive (FTV) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Fortive (FTV) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Fortive (FTV) Surpasses Q3 Earnings Estimates
Fortive (FTV) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.85 per share a year ago.
Fortive lifts annual profit view as automation demand drives quarterly beat
Industrial products maker Fortive raised its annual profit forecast on Wednesday, after steady demand for its automation products and services boosted third-quarter profit above estimates.
Unlocking Q3 Potential of Fortive (FTV): Exploring Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Fortive (FTV), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Fortive Gears Up to Report Q3 Earnings: What's in the Offing?
FTV's Q3 2024 performance is likely to have benefited from momentum in software and other recurring revenue businesses amid forex woes.
Fortive (FTV) Reports Next Week: Wall Street Expects Earnings Growth
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.
Will Fortive (FTV) Beat Estimates Again in Its Next Earnings Report?
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.
Fortive to Split Into Two Public Companies: Beneficial for the Stock?
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.
Fortive (FTV) Up 3.5% Since Last Earnings Report: Can It Continue?
Fortive (FTV) reported earnings 30 days ago. What's next for the stock?
