Fortive (FTV) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Shares of Fortive Corp FTV were climbing in early trading on Monday, despite the company reporting disappointing fourth-quarter revenues.
FTV reports strong fourth-quarter fiscal 2024 results, with both revenues and earnings increasing year over year.
Fortive Corporation (NYSE:FTV ) Q4 2024 Earnings Conference Call February 7, 2025 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 Robert Mason - Baird Julian Mitchell - Barclays Nigel Coe - Wolfe Research Steve Tusa - JP Morgan Jeffrey Sprague - Vertical Research Partners Scott Davis - Melius Research Andrew Obin - Bank of America Joe Giordano - TD Cowen Andrew Kaplowitz - Citigroup Christopher Snyder - Morgan Stanley Deane Dray - RBC Capital Markets Jamie Cook - Truist Joseph O'Dea - Wells Fargo Scott Graham - Seaport Research Operator My name is Daryl, and I will be your conference facilitator this afternoon. At this time, I would like to welcome everyone to Fortive Corporation's Fourth Quarter 2024 Earnings Results Conference Call.
The headline numbers for Fortive (FTV) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Fortive (FTV) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $0.98 per share a year ago.
Industrial products maker Fortive on Friday forecast annual profit and revenue below Wall Street estimates, anticipating sluggish demand for its products.
Fortive Corporation FTV will release its fourth-quarter financial results, before the opening bell, on Friday, Feb. 7, 2025.
Beyond analysts' top -and-bottom-line estimates for Fortive (FTV), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Fortive (FTV) doesn't possess 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) reported earnings 30 days ago. What's next for the stock?
Continued momentum across IOS and AHS segments and robust orders growth aid FTV's third-quarter performance.