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Fortive (FTV) Reports Q1 Earnings: What Key Metrics Have to Say
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Fortive (FTV - Free Report) reported $1.07 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 27.5%. EPS of $0.70 for the same period compares to $0.85 a year ago.
The reported revenue represents a surprise of +3.46% over the Zacks Consensus Estimate of $1.03 billion. With the consensus EPS estimate being $0.64, the EPS surprise was +9.72%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Fortive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Sales- Advanced Healthcare Solutions: $326.2 million compared to the $312.92 million average estimate based on four analysts. The reported number represents a change of +7.9% year over year.
Sales- Intelligent Operating Solutions: $743.2 million versus $728.82 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +10.7% change.
Operating Profit- Intelligent Operating Solutions: $186.2 million compared to the $189.56 million average estimate based on three analysts.
Operating Profit- Advanced Healthcare Solutions: $32.7 million versus $22.91 million estimated by three analysts on average.
Adjusted Operating Profit (Non-GAAP)- Advanced Healthcare Solutions: $78.5 million versus the three-analyst average estimate of $71.41 million.
Adjusted Operating Profit (Non-GAAP)- Intelligent Operating Solutions: $240.4 million versus $245.93 million estimated by three analysts on average.
Operating Profit- Other: $-27.2 million versus $-28.57 million estimated by three analysts on average.
Shares of Fortive have returned +10.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Fortive (FTV) Reports Q1 Earnings: What Key Metrics Have to Say
Fortive (FTV - Free Report) reported $1.07 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 27.5%. EPS of $0.70 for the same period compares to $0.85 a year ago.
The reported revenue represents a surprise of +3.46% over the Zacks Consensus Estimate of $1.03 billion. With the consensus EPS estimate being $0.64, the EPS surprise was +9.72%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Fortive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Fortive here>>>
Shares of Fortive have returned +10.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.