9/107 sources · 3 publishersUpdated Oct 28, 15:10 UTC
Fortive posts strong Q3 results, raises full‑year EPS outlook
Fortive reported third‑quarter 2026 revenue of $1.11 billion, up 7.8% year over year, and adjusted diluted EPS of $0.77, beating estimates by $0.06. The company lifted its full‑year adjusted EPS guidance to a range of $3.10‑$3.14. Management also announced a share repurchase of roughly 5 million shares costing about $300 million during the quarter.
Why it matters
The earnings beat and higher guidance suggest continued earnings momentum, which could support the stock’s recent price gains. The share buyback signals confidence in cash generation and may provide additional support to the share price.
Key facts
- 1Q3 2026 revenue was $1.11 billion, a 7.8% year‑over‑year increase. tradingview.com
- 2Adjusted diluted EPS for the quarter was $0.77, beating consensus by $0.06. investing.com
- 3Full‑year adjusted EPS guidance was raised to $3.10‑$3.14. tradingview.com
- 4The company bought back roughly 5 million shares for about $300 million in the quarter. tradingview.com
- 5Operating margin improved to 21.3% from 15.5% a year earlier. finance.yahoo.com
- 6Free cash flow margin stayed at 25.6%. finance.yahoo.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.