Fortive Climbs on Lifted Full-Year Outlook

Dow Jones

Oct 30

By Katherine Hamilton

Shares of Fortive rose after the technology provider for the healthcare and industrial industries boosted its adjusted earnings outlook.

The stock gained 8%, to $53.01, midday Wednesday. Shares are still down 6% this year.

The Everett, Wash., company now expects adjusted earnings per share to be $2.63 to $2.67, up from prior guidance of $2.50 to $2.60.

The higher outlook was based on better-than-expected third-quarter results, Chief Executive Olumide Soroye said.

Quarterly sales were $1.03 billion, ahead of the $1.01 billion Wall Street was forecasting, according to FactSet. Adjusted earnings per share were 68 cents, beating the 57 cent estimate from analysts.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

October 29, 2025 12:10 ET (16:10 GMT)

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Shares are still down 6% this year. \n</p>\n<p>\n  The Everett, Wash., company now expects adjusted earnings per share to be $2.63 to $2.67, up from prior guidance of $2.50 to $2.60. \n</p>\n<p>\n  The higher outlook was based on better-than-expected third-quarter results, Chief Executive Olumide Soroye said. \n</p>\n<p>\n  Quarterly sales were $1.03 billion, ahead of the $1.01 billion Wall Street was forecasting, according to FactSet. Adjusted earnings per share were 68 cents, beating the 57 cent estimate from analysts. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 29, 2025 12:10 ET (16:10 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2579185197","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2579185197","pubTimestamp":1761754200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Fortive rose after the technology provider for the healthcare and industrial industries boosted its adjusted earnings outlook.The stock gained 8%, to $53.01, midday Wednesday. 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Shares are still down 6% this year. \n\n\n  The Everett, Wash., company now expects adjusted earnings per share to be $2.63 to $2.67, up from prior guidance of $2.50 to $2.60. \n\n\n  The higher outlook was based on better-than-expected third-quarter results, Chief Executive Olumide Soroye said. \n\n\n  Quarterly sales were $1.03 billion, ahead of the $1.01 billion Wall Street was forecasting, according to FactSet. Adjusted earnings per share were 68 cents, beating the 57 cent estimate from analysts. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 29, 2025 12:10 ET (16:10 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}