Fortive Corp

NYSE:FTV   3:59:50 PM EDT
68.34
+0.30 (+0.44%)
Positive Earnings Pre-Announcement

Fortive Reports Strong Second Quarter 2022 Results Raises Full Year 2022 Outlook

Published: 07/28/2022 11:37 GMT
Fortive Corp (FTV) - Fortive Reports Strong Second Quarter 2022 Results; Raises Full Year 2022 Outlook.
Q2 Earnings per Share $0.48 From Continuing Operations.
Q2 Revenue Rose 11 Percent to $1.46 Billion.
Reaffirms FY Earnings per Share View $2.03 to $2.09 From Continuing Operations.
Narrows Full-year 2022 Revenue Growth to 10-11%.
Raises 2022 Core Growth Outlook to 8-9.5%.
Sees 2022 Adjusted EPS of $3.07-$3.13.
FY2022 Earnings per Share View $3.08, Revenue View $5.79 Billion -- Refinitiv Ibes Data (analyst estimates).
For Q3 of 2022, Fortive Anticipates Revenue of $1.43 Billion to $1.46 Billion.
Sees Q3 Net Earnings per Share From Continuing Operations of $0.49 to $0.53.
Sees Q3 Adjusted Net Earnings per Share From Continuing Operations of $0.74 to $0.77.
Q3 Earnings per Share View $0.77, Revenue View $1.45 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $1.45 Billion
Adjusted EPS is expected to be $0.76

Next Quarter Revenue Guidance is expected to be $1.52 Billion
Next Quarter EPS Guidance is expected to be $0.87

More details on our Analysts Page.