Fortive (FTV) reported $1.11 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 7.8%. EPS of $0.77 for the same period compares to $0.68 a year ago.
The reported revenue represents a surprise of +5.22% over the Zacks Consensus Estimate of $1.05 billion. With the consensus EPS estimate being $0.70, the EPS surprise was +10%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Fortive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Sales- Advanced Healthcare Solutions: $340.4 million versus the four-analyst average estimate of $337.97 million. The reported number represents a year-over-year change of +3.7%.
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Sales- Intelligent Operating Solutions: $767.1 million versus $732.61 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +9.8% change.
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Adjusted Operating Profit (Non-GAAP)- Intelligent Operating Solutions: $258.1 million versus the four-analyst average estimate of $237.48 million.
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Adjusted Operating Profit (Non-GAAP)- Advanced Healthcare Solutions: $82.3 million versus $82.18 million estimated by four analysts on average.
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Operating Profit- Intelligent Operating Solutions: $223.4 million compared to the $189.9 million average estimate based on two analysts.
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Operating Profit- Advanced Healthcare Solutions: $38.2 million versus $43.82 million estimated by two analysts on average.
View all Key Company Metrics for Fortive here>>>
Shares of Fortive have returned +11.2% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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This article originally published on Zacks Investment Research (zacks.com).
