Fortive (FTV) reported fiscal Q3 adjusted earnings Wednesday of $0.97 per diluted share, up from $0.85 a year earlier.
Analysts polled by Capital IQ expected $0.93.
Sales for the quarter ended Sept. 27 were $1.53 billion, compared with $1.49 billion a year earlier.
Analysts surveyed by Capital IQ expected $1.55 billion.
The company said it expects fiscal Q4 adjusted earnings per share of $1.11 to $1.14 on revenue ranging between $1.63 billion and $1.65 billion.
Analysts surveyed by Capital IQ expect normalized EPS of $1.13 on $1.65 billion in revenue.
Fortive also said it now expects fiscal 2024 adjusted EPS of $3.84 to $3.87 on revenue ranging between $6.24 billion and $6.26 billion, compared with $3.80 to $3.86 in non-GAAP EPS on revenue of $6.25 billion to $6.30 billion anticipated previously.
Analysts surveyed by Capital IQ expect normalized EPS of $3.82 on $6.29 billion in revenue.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.