Fortive Sees Q4 2024 Revenue $1.63B-$1.65B; Sees Adj. EPS $1.11-$1.14
Portfolio Pulse from Benzinga Newsdesk
Fortive Corporation has provided guidance for Q4 2024, expecting revenue between $1.63 billion and $1.65 billion, and adjusted EPS between $1.11 and $1.14.
October 30, 2024 | 11:33 am
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Fortive Corporation has issued its Q4 2024 guidance, forecasting revenue between $1.63 billion and $1.65 billion, and adjusted EPS between $1.11 and $1.14.
The guidance provided by Fortive is a positive indicator for investors, suggesting stable or slightly increasing revenue and earnings per share. This can lead to a positive short-term impact on the stock price as it reflects management's confidence in the company's performance.
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