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Fortive reported lower Q1 FY24 results, missing revenue estimates. Adjusted EPS beat expectations. Dividend declared. Fortive revised its FY24 outlook.
Fortive (NYSE:FTV – Get Free Report) updated its second quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.90-0.93 for the period, compared to the consensus EPS estimate of $0.94. The company issued revenue guidance of ~$1.6 billion, compared to the consensus revenue estimate of $1.62 billion. Fortive also updated its FY 2024 […]
Fortive Corporation - Consensus 'buy' rating and 12.0% Upside Potential
Wedge Capital Management L L P NC boosted its stake in Fortive Co. (NYSE:FTV – Free Report) by 7.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 253,424 shares of the technology company’s stock after purchasing an additional 18,439 shares during the period. Wedge Capital Management L L P NC’s holdings in Fortive were […]
JPMorgan Chase & Co. downgraded shares of Fortive (NYSE:FTV – Free Report) from an overweight rating to a neutral rating in a report released on Wednesday morning, Marketbeat Ratings reports. They currently have $90.00 price objective on the technology company’s stock, down from their previous price objective of $95.00. A number of other equities analysts […]