Fortive slips on lower-than-expected 2025 profit, revenue forecast

Fortive

07/02/2025 14:20

** Shares of Industrial products maker Fortive Corp  FTV.N  
down ~3% at $77.50, premarket
    ** Co forecasts annual profit and revenue below Wall Street
estimates, anticipating sluggish demand for its products
    ** Expects 2025 adj profit in the range of $4 to $4.12 per
share below estimates of $4.14, according to data compiled by
LSEG
    ** Expects annual rev of about $6.23 bln to $6.35 bln vs.
estimates of $6.49 bln
    ** Stock rose ~2% in 2024
   

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.Chaudhary@thomsonreuters.com))