earnings
confidence high
sentiment positive
materiality 0.75
Fortive Q3 revenue $1.46B (+12%), adj. EPS $0.79; raises full-year adj. EPS guidance to $3.10-$3.13
Fortive Corp
2022-Q3 EPS reported
$1.46
revenue$4,295,800,000
- Q3 revenue $1.46B (+12% YoY); core revenue up 12%; GAAP net earnings $190M.
- Diluted GAAP EPS $0.53; adjusted diluted EPS $0.79 (20% adjusted EPS growth).
- Full-year 2022 adj. EPS guidance raised to $3.10-$3.13 (13-14% growth); GAAP EPS $2.05-$2.07.
- Q4 2022 revenue outlook $1.48B-$1.50B; adj. EPS $0.82-$0.85; GAAP EPS $0.59-$0.61.
- Strong free cash flow in Q3; management cites portfolio resilience and supply chain headwinds.