Jul. 31 at 1:31 PM
$FTV misses on Q2 EPS, but beats on revenue — what's the play? 🤔
📉 EPS of 58 cents missed the Zacks Consensus Estimate of 60 cents
📉 Revenue of
$1.02B slightly beat estimates but declined 0.4% YoY
📉 Shares declined 2.5% after the announcement
✅ Recent spin-off of Ralliant marks a new chapter with a value creation plan
Find out if FTV’s strategy could turn the tide here 👉 https://www.zacks.com/stock/news/2644181/fortives-q2-earnings-miss-estimates-revenues-beat-stock-down?cid=sm-stocktwits-2-2644181-body-4959&ADID=SYND_STOCKTWITS_TWEET_2_2644181_BODY_4959