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Kritika Sarmah

Here's What to Expect From Fortive’s Next Earnings Report

Washington-based Fortive Corporation (FTV) is a leading diversified industrial growth company offering global industrial technology and professional instrumentation solutions. The company operates through Intelligent Operating Solutions; Precision Technologies; and Advanced Healthcare Solutions segments, with a market cap of $25.5 billion. FTV is scheduled to release its fiscal 2024 Q2 earnings results before the market opens on Wednesday, Jul. 24.

Ahead of the event, analysts expect Fortive to report a profit of $0.91 per share, up 7.1% from $0.85 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of the last four quarters and missed on one occasion.

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