Fortive press release (NYSE:FTV): Q3 Non-GAAP EPS of $0.97 beats by $0.04.
Revenue of $1.53B (+2.7% Y/Y) misses by $20M.
Operating profit margin was 19%, with adjusted operating profit margin of 27%, up 90 bps year-over-year.
Strong full-year 2024 outlook; GAAP diluted EPS of $2.47 to $2.50, year-over-year increase of 2% to 3%; adjusted diluted EPS of $3.84 to $3.87, year-over-year increase of 12% to 13%.
Revenue of $1.53B (+2.7% Y/Y) misses by $20M.
Operating profit margin was 19%, with adjusted operating profit margin of 27%, up 90 bps year-over-year.
Strong full-year 2024 outlook; GAAP diluted EPS of $2.47 to $2.50, year-over-year increase of 2% to 3%; adjusted diluted EPS of $3.84 to $3.87, year-over-year increase of 12% to 13%.
