Fortive Q3 revenue up 2.3%, beats estimates

Fortive

29/10/2025 11:39

Overview

Fortive Q3 revenue rises 2.3% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats analyst estimates, rising 15.3% yr/yr

Company executed $1 bln in share repurchases, representing ~6% of shares outstanding

Outlook

Fortive raises full-year 2025 adjusted EPS guidance to $2.63-$2.67

Company cites strong Q3 performance for guidance increase

Fortive confident in financial framework, aims for shareholder value

Result Drivers

FORTIVE ACCELERATED STRATEGY - Co attributes strong Q3 results to execution of its Fortive Accelerated strategy, focusing on profitable growth and disciplined capital allocation

SHARE REPURCHASES - Co executed $1 bln in share repurchases, representing ~6% of diluted shares outstanding, as part of capital allocation strategy

CORE REVENUE GROWTH - Co reports core revenue growth of 1.9% yr/yr, driven by performance in Intelligent Operating Solutions and Advanced Healthcare Solutions segments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$1.03 bln
$1.01 bln (13 Analysts)
Q3 Adjusted EPS
Beat
$0.68
$0.57 (13 Analysts)
Q3 EPS
$0.35
Q3 Net Income
$117 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 16 "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 $55.50, about 11.4% above its October 28 closing price of $49.16

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw3YZWhqa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)