- Fortive press release ( NYSE: FTV ): Q3 Non-GAAP EPS of $0.79 beats by $0.03 .
- Revenue of $1.46B (+12.3% Y/Y) beats by $20M .
- OUTLOOK:
- For the full year 2022, Fortive narrows its revenue outlook to $5.78 billion to $5.80 billion from prior guidance of $5.78 billion to $5.83 billion vs consensus of $5.79B, raising its core growth and earnings outlook at the midpoint, with anticipated full year diluted net earnings per share from continuing operations to be in the range of $2.05 to $2.07 and adjusted diluted net earnings per share from continuing operations to be in the range of $3.10 to $3.13 from prior guidance of $3.07 to $3.13 vs consensus of $3.10.
- For the fourth quarter of 2022, Fortive anticipates revenue of $1.48 billion to $1.50 billion vs consensus of $1.51B, diluted net earnings per share from continuing operations to be in the range of $0.59 to $0.61 and adjusted diluted net earnings per share from continuing operations to be in the range of $0.82 to $0.85 vs consensus of $0.86.
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Fortive Non-GAAP EPS of $0.79 beats by $0.03, revenue of $1.46B beats by $20M, updates FY outlook