secwatch.observer — SEC 8-K summary
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Issuer:     Fortive Corp (FTV)
CIK:        0001659166
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001659166-24-000106
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortive Q1 adjusted EPS $0.83, revenue $1.52B both beat; raises FY outlook
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- GAAP diluted EPS $0.58 (+18% YoY); adjusted diluted EPS $0.83 (+11% YoY). Revenue $1.52B (+4%, core +3%).
- Operating cash flow $257M; free cash flow $230M, up 54% YoY.
- Raises full-year 2024 outlook: GAAP EPS $2.61-$2.70 (7-11% growth); adjusted EPS $3.77-$3.86 (10-13% growth).
- Q2 2024 guidance: revenue ~$1.6B, adjusted EPS $0.90-$0.93.
- All three segments exceeded expectations on core growth, margins, earnings, and FCF.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1659166/000165916624000106/0001659166-24-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1659166/000165916624000106/ftv-20240424.htm
  HTML page:      https://secwatch.observer/filing/0001659166-24-000106

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