Fortive's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Fortive (NYSE:FTV) is expected to release its quarterly earnings report on January 31, 2024, with an estimated EPS of $0.94. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Fortive's stock price has shown varied reactions to earnings reports. Shares are currently trading at $74.69, up 13.39% over the last 52 weeks. The company's past earnings performance shows a mix of exact matches and beats to EPS estimates, with corresponding modest stock price changes.
January 30, 2024 | 2:01 pm
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Fortive is anticipated to report Q4 earnings with an expected EPS of $0.94. Investors are focused on earnings beat and forward guidance. The stock has risen 13.39% over the past year and is trading at $74.69.
Fortive's stock price may experience short-term positive movement if the company reports an earnings beat and provides strong guidance for the future, as these are key factors that investors are anticipating. Historical data shows that the stock price has had modest reactions to past earnings reports, but consistent growth over the past year suggests a stable upward trend that could continue with favorable earnings news.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100