Financial Results - Fortive Corporation is set to release its fourth-quarter financial results on February 7, 2025, before the market opens [1] - Analysts anticipate quarterly earnings of $1.12 per share, an increase from $0.98 per share in the same period last year [1] - The company projects quarterly revenue of $1.63 billion, compared to $1.58 billion a year earlier [1] Leadership Changes - On January 29, 2025, Fortive announced the appointment of Sharmistha "Shar" Dubey as the Chair of the Board [2] Stock Performance and Analyst Ratings - Fortive shares closed at $79.84, reflecting a gain of 0.4% [3] - JP Morgan analyst Stephen Tusa maintained an Overweight rating but reduced the price target from $92 to $90 [4] - Barclays analyst Julian Mitchell also maintained an Overweight rating, lowering the price target from $95 to $90 [4] - Wells Fargo analyst Joseph O'Dea maintained an Equal-Weight rating and raised the price target from $77 to $80 [4] - Truist Securities analyst Jamie Cook maintained a Buy rating and increased the price target from $89 to $90 [4] - Citigroup analyst Andrew Kaplowitz downgraded the stock from Buy to Neutral, cutting the price target from $92 to $86 [4]

Core Viewpoint - Analysts project that Fortive (FTV) will report quarterly earnings of $1.12 per share, reflecting a year-over-year increase of 14.3% and revenues of $1.63 billion, up 2.8% from the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been revised 1.9% lower over the last 30 days, indicating a collective reevaluation by analysts [2] - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong link between earnings estimate trends and short-term stock price movements [3] Key Metrics Forecast - Analysts project 'Sales- Intelligent Operating Solutions' to reach $697.56 million, indicating a year-over-year change of +2.2% [5] - 'Sales- Advanced Healthcare Solutions' is estimated at $352.61 million, reflecting a +0.3% change year-over-year [5] - 'Sales- Precision Technologies' is forecasted to reach $578.15 million, showing a +5.3% change from the prior-year quarter [5] Adjusted Operating Profit Estimates - 'Adjusted Operating Profit (Non-GAAP)- Advanced Healthcare Solutions' is expected to be $97.89 million, compared to $90.30 million in the same quarter last year [6] - 'Adjusted Operating Profit (Non-GAAP)- Intelligent Operating Solutions' is projected at $244.04 million, up from $233.40 million year-over-year [6] - The average prediction for 'Adjusted Operating Profit (Non-GAAP)- Precision Technologies' is $157.25 million, slightly down from $159.40 million reported in the same quarter of the previous year [7] Stock Performance - Over the past month, Fortive shares have returned +4.9%, outperforming the Zacks S&P 500 composite's +1% change [7] - Currently, Fortive carries a Zacks Rank 4 (Sell), suggesting potential underperformance in the near future [7]

The Board of Foresight VCT Plc (the “Company”) is pleased to announce the successful sale of portfolio company Hospital Services Group Limited (“HSL”), a leading healthcare equipment distributor and service provider operating in Ireland, Northern Ireland and Great Britain. The transaction generated proceeds of £26.2 million at completion with potential for a further up to £1.0 million over the coming years, implying a return and IRR of up to 8.5 times the original investment and 25.7% respectively. Prior t ...

Group 1 - The Company has published a prospectus on 10 December 2024, offering a subscription of up to £20 million with an over-allotment facility for an additional £5 million through the issuance of a maximum of 50 million ordinary shares [2] - The Offer has been oversubscribed based on the applications received, assuming all applications are accepted [4] - Applications will be accepted on a first-come, first-served basis, and those received after 20 December 2024 may have their subscriptions returned [1][3]

FORESIGHT VCT PLCLegal Entity Identity number: 213800GNTY699WHACF46 OFFER UPDATE – USE OF OVER-ALLOTMENT FACILITY17 DECEMBER 2024 The Company published a prospectus on 10 December 2024 (Prospectus) containing an offer for subscription to raise up to £20 million with an over-allotment facility to raise up to a further £5 million through the subscription of new ordinary shares of 1p each (Offer). Full details of the Offer are contained in the Prospectus, which include details relating to the expected timetabl ...

Everett, Washington, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Summary: 63% predict that solar will lead their country’s energy transition.91% are concerned about solar panel efficiency, and 39% cite inverter failures as a common issue.Nearly a third use reactive maintenance, while over half prioritize adopting predictive maintenance.59% stressed the need to train technicians in advanced diagnostic tools to address evolving challenges.45% view AI integration in solar panel design, optimization, and maintenance as ...

Everett, Washington, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Fluke Reliability today announced the results of a recent survey which shows that 79% of respondents emphasized high-skill labour shortages as a primary focus for AI investment, in contrast to just 37% who view AI as a means to address gaps in low-skill roles. Manufacturers are seeking to move beyond automating low-skill routine tasks and are now applying AI and automation to high-skill roles in response to the ongoing skills shortage. The latest survey ...

It has been about a month since the last earnings report for Fortive (FTV) . Shares have added about 11.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Fortive due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Fortive Q3 Earnings Beat EstimatesFortive reported thir ...

Fortive Corporation (FTV) reported third-quarter 2024 adjusted earnings per share (EPS) of 97 cents, which topped the Zacks Consensus Estimate by 4.3%. The bottom line increased 14.12% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings CalendarRevenues rose 2.7% year over year to $1.54 billion. However, the top line missed the Zacks Consensus Estimate by 0.8%. Core revenues rose 1% year over year.The year-over-year improvement in the top line was driven by continued momentum in I ...

Fortive Corporation (NYSE:FTV) Q3 2024 Earnings Conference Call October 30, 2024 12:00 PM ET Company Participants Elena Rosman - Vice President of Investor Relations James Lico - President and Chief Executive Officer Charles McLaughlin - Senior Vice President and Chief Financial Officer Conference Call Participants Nigel Coe - Wolfe Research Julian Mitchell - Barclays Joe Giordano - TD Cowen Jeffrey Sprague - Vertical Research Partners Scott Davis - Melius Research Andrew Kaplowitz - Citigroup Andrew Obin - ...