secwatch.observer — SEC 8-K summary
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Issuer:     Fortive Corp (FTV)
CIK:        0001659166
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0001659166-24-000146
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortive Q2 adj EPS $0.93 at high-end; narrows FY2024 outlook to $3.80-$3.86
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- Q2 revenue $1.55B (+2% YoY), core flat; GAAP EPS $0.55, adj EPS $0.93 (high-end guidance).
- Adjusted operating margin 27% (+90 bps YoY); operating cash flow $309M, free cash flow $280M.
- FY2024 outlook: adj EPS $3.80-$3.86 (+11-13% YoY), GAAP EPS $2.68-$2.74 (+10-13%), revenue ~$6.25-$6.30B.
- Q3 guidance: revenue ~$1.55B, GAAP EPS $0.63-$0.66, adj EPS $0.92-$0.95.
- Strength in Advanced Healthcare & Intelligent Operating Solutions; delayed recovery in Precision Technologies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1659166/000165916624000146/0001659166-24-000146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1659166/000165916624000146/ftv-20240724.htm
  HTML page:      https://secwatch.observer/filing/0001659166-24-000146

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