filecrux
Oct 28, 12:11 PM
$FTV Is Fortive's 13% adjusted EPS growth mostly a buyback story, with adjusted net earnings up just 3%?
🚀 Fortive, the Everett, Washington maker of industrial and healthcare technology worth about
$18.79B at
$61.62 a share at 16:00 ET on October 27, 2026, raised its FY 2026 adjusted EPS guidance to
$3.10 to
$3.14 after Q3 adjusted EPS rose 13.2% to
$0.77
⚠️ Q3 adjusted net earnings rose 3.1% to
$235.4M from
$228.3M while average diluted shares fell 8.8% to 303.9M from 333.4M
📈 The business grew too, with revenue up 7.8% to
$1.108B, adjusted EBITDA up 9.5% to
$339M, and Q3's
$18.0M tariff refund gain kept out of adjusted EPS
📅 Next: Fortive discusses results and outlook on its call today, October 28, 2026, at 12:00 p.m. ET
Source: SEC 8-K and Q3 release, Oct 28
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