On Wednesday 30th October 2024, Fortive Corporation (NYSE: FTV) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur before market open.
The financial experts on Wall Street are predicting that the company will likely report an estimated $0.93 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $1.55 billion revenue during the quarter.
Wall street analysts expect the company to generate a total revenue of $6.28 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $3.81 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.85. This figure was a result of the company's total revenue, which reached an impressive $1.5 billion million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.93 | +9.4% | 1.55 B | +1.7% |
| Q1 2024 | $0.83 | +10.7% | 1.53 B | +4.4% |
| Q4 2023 | $0.98 | +11.4% | 1.58 B | +3.5% |
| Q3 2023 | $0.85 | +7.6% | 1.50 B | +2.7% |
| Q2 2023 | $0.85 | +9.0% | 1.53 B | +4.3% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 30th October 2024 at 12:00 PM eastern time, in a conference call with public.
Monday's trading saw Fortive Corporation (FTV) shares hit a low of $74.96 and a high of $75.93, with a day volume of 2.55 million shares. The stock closed the regular trading session at $75.16, demonstrating 0.25 percent advance.
