Fortive Corp raises 2024 adjusted EPS forecast to $2.47-$2.50, Q4 EPS $0.72-$0.75, projects $6.24-6.

Fortive Corp. (FTV) has raised its 2024 adjusted earnings per share forecast to $2.47-$2.50, with total revenues expected between $6.24 billion and $6.26 billion. For Q4, the company anticipates earnings per share of $0.72-$0.75 and revenues of $1.63 billion-$1.65 billion. Fortive also plans to split into two independent companies by late 2025, focusing on technology solutions and industrial technologies, respectively.

October 30, 2024
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