Fortive Q3 Adj. EPS $0.85 vs $0.85 Est., Revenue $1.495B vs $1.518 Est.
Portfolio Pulse from Benzinga Newsdesk
Fortive Corporation reported its Q3 earnings with an adjusted EPS of $0.85, which is in line with estimates. However, the company's revenue of $1.495 billion fell short of the estimated $1.518 billion.
October 25, 2023 | 11:31 am
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Fortive's Q3 earnings matched EPS estimates but missed on revenue. This could potentially impact investor sentiment.
Fortive's Q3 earnings report shows that while the company met EPS estimates, it fell short on revenue. This mixed result could lead to uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
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RELEVANCE 100