Fortive Reports Q3 Earnings Beat and Raises Full-Year 2026 EPS Guidance
Fortive Corporation (FTV) reported third-quarter financial results that exceeded market expectations, posting a Non-GAAP earnings per share of $0.77, which beat estimates by $0.07. The company also reported revenue of $1.11 billion, representing a 7.8% year-over-year increase and surpassing consensus estimates by approximately $40 million. Following the strong quarterly performance, Fortive raised its full-year 2026 adjusted EPS guidance to a range of $3.10 to $3.14. This updated outlook sits above the previous consensus of $3.01 and represents an approximate 15% year-over-year increase at the midpoint, signaling management's confidence in the company's continued profitability.
Tickers: $FTV
Topics: earnings report EPS beat guidance increase revenue growth