earnings
confidence high
sentiment neutral
materiality 0.75
Fortive Q1 adjusted EPS $0.85 in line; guides FY25 adj. EPS $3.80-$4.00; Ralliant spin targeted Q2
Fortive Corp
2025-Q1 EPS reported
$0.50
revenue$1,474,200,000
- Q1 GAAP EPS $0.50, adjusted EPS $0.85; revenue $1.47B (-3% YoY); adjusted operating margin 25.3% (+20bps YoY).
- Precision Technologies saw customers delay test/measurement; core growth in Intelligent Operating Solutions and Advanced Healthcare Solutions.
- Full-year 2025 guidance: GAAP EPS $2.23-$2.43, adjusted EPS $3.80-$4.00, reflecting Precision Tech weakness and net tariff impact.
- Separation of Precision Technologies as Ralliant targeted by end of Q2 2025; Form 10 expected to be filed in early May 2025.
- Trailing 12-month operating cash flow up 5% YoY; cash flow above expectations.