Overview
Fortive Q2 2025 rev beats analyst expectations, despite 0.4% yr/yr decline
Adjusted EPS for Q2 2025 exceeds estimates
Co completed Ralliant spin-off, deploying $345 mln for share repurchases
Outlook
Fortive anticipates full-year 2025 adjusted EPS of $2.50 to $2.60
Result Drivers
SPIN-OFF COMPLETION - Fortive completed the spin-off of Ralliant, marking a strategic shift
TRADE POLICY UNCERTAINTY - Co faced demand challenges due to trade, healthcare, and government spending policy uncertainty
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$1.02 bln
$1.01 bln (12 Analysts)
Q2 Adjusted EPS
Beat
$0.9
$0.59 (12 Analysts)
Q2 EPS
$0.49
Q2 Net Income
$112 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for Fortive Corp is $60.14, about 15.3% above its July 29 closing price of $50.92
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nBw47Ll2ha
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)