8/102 sources · 2 publishersUpdated Oct 28, 13:54 UTC
Fortive lifts FY26 adjusted earnings per share outlook
Fortive reported third‑quarter 2026 results showing a 7% increase in core revenue, a 10% rise in adjusted EBITDA and a 13% jump in adjusted EPS. The company upgraded its FY26 adjusted EPS guidance to a range of $3.10‑$3.14 per share, up from $2.95‑$3.05. The announcement nudged the stock up 0.97% to $62.22 in pre‑market trading.
Why it matters
The higher EPS guidance signals stronger profitability expectations, which could bolster investor sentiment and support the share price. The revised outlook also raises the baseline for analysts' valuation models.
Key facts
- 1Core revenue grew 7% in Q3 2026. tradingview.com
- 2Adjusted EBITDA increased 10% in Q3 2026. tradingview.com
- 3Adjusted EPS rose 13% in Q3 2026. tradingview.com
- 4FY26 adjusted EPS guidance was raised to $3.10‑$3.14 per share. tradingview.com
- 5The prior FY26 adjusted EPS guidance range was $2.95‑$3.05 per share. rttnews.com
- 6The stock gained 0.97% to $62.22 in pre‑market trading after the release. rttnews.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.