Fortive Q3 revenue $1.54B (+3% YoY), adj. EPS $0.97 (+14%), raises FY outlook

Fortive Corp

2024-Q3 EPS reported $1.76 revenue$4,611,500,000

GAAP diluted EPS $0.63; adjusted diluted EPS $0.97 (up 14% YoY), above Q3 guidance high-end.
Revenue $1.54B (+3% YoY) with 1% core growth; operating cash flow $459M, free cash flow $431M (+12%).
Adjusted operating profit margin 27%, up 90 bps YoY; GAAP operating margin 19%.
Raises full-year 2024 adjusted EPS range to $3.84–$3.87 (previous $3.71–$3.77) and revenue ~$6.24–$6.26B.
Q4 2024 guidance: revenue $1.63–$1.65B, adjusted diluted EPS $1.11–$1.14.

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