earnings
confidence high
sentiment positive
materiality 0.85
Fortive Q4 adjusted EPS $1.17 beats; record cash flow; spin-off on track for early Q3'25
Fortive Corp
2024-FY EPS reported
$2.36
revenue$6,231,800,000
- Q4 revenue $1.62B (+2% YoY); GAAP EPS $0.60, adjusted EPS $1.17 (+19% YoY).
- Record Q4 operating cash flow $502M, free cash flow $465M (+13% YoY).
- Full year 2024 revenue $6.23B (+3% YoY); GAAP EPS $2.36, adjusted EPS $3.89.
- Q1'25 guidance: revenue $1.48-1.51B; adjusted EPS $0.83-0.86. FY'25: adj EPS $4.00-4.12 (+3-6% YoY).
- Spin-off of Precision Technologies (Ralliant) on track to close early Q3'25.