Fortive: Q3 Earnings Insights

Fortive: Q3 Earnings Insights

Fortive FTV reported its Q3 earnings results on Wednesday, October 26, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Fortive beat estimated earnings by 3.95%, reporting an EPS of $0.79 versus an estimate of $0.76.

Revenue was up $156.50 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 3.17% increase in the share price the next day.

Here's a look at Fortive's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.72 0.68 0.78 0.65
EPS Actual 0.78 0.70 0.79 0.66
Revenue Estimate 1.40B 1.35B 1.44B 1.32B
Revenue Actual 1.46B 1.38B 1.38B 1.30B

To track all earnings releases for Fortive visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings