2023-07-26 07:34:17 ET
- Fortive press release ( NYSE: FTV ): Q2 Non-GAAP EPS of $0.85 beats by $0.04 .
- Revenue of $1.53B (+4.3% Y/Y) beats by $20M , which included core revenue growth of 5.5%.
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For the third quarter of 2023, Fortive anticipates revenue of approximately $1.5 billion vs. consensus of $4.57 billion, diluted net earnings per share of $0.59 to $0.62 and adjusted diluted net earnings per share of $0.82 to $0.85 vs. consensus of $1.90.
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For the full year 2023, Fortive anticipates revenue of approximately $6.1 billion vs. consensus of $6.06 billion, diluted net earnings per share of $2.38 to $2.44, and adjusted diluted net earnings per share of $3.36 to $3.42 vs. consensus of $3.37.
For further details see:
Fortive beats Q2 top and bottom line estimates; raises FY23 and initiates Q3 outlook