From BigGo Finance · BigGo Finance · · 1m 50s
Fortive Raises Full-Year EPS Guidance to $3.10-$3.14
Fortive boosts full-year EPS guidance to $3.10-$3.14 as core growth hits 7.2% for fifth straight quarter.
In brief
Fortive boosts full-year EPS guidance to $3.10-$3.14 as core growth hits 7.2% for fifth straight quarter. Fortive raised full-year 2026 adjusted EPS guidance to $3.10-$3.14, implying 15% growth at midpoint, after reporting 7.2% core growth for fifth consecutive quarter. Originally reported by BigGo Finance.
Fortive Q3 2026 Results
![[Fortive Q3 2026 Earnings Call] Fortive Raises Full-Year EPS Guidance to $3.10-$3.14 as Core Growth Accelerates to 7.2%, Fifth Straight Quarter of Acceleration](https://img.biggo.com/JNU6EmKwscFR4qm9lFg6sFCv7cHJ_f4juswgkOXuAt0/fit/1720/0/sm/0/aHR0cHM6Ly9pbWcuYmdvLm9uZS9uZXdzLWltYWdlL2Vhcm5pbmdzX2NhcmQvMjAyNi0xMC9VU19GVFZfMjAyNi0xMC0yOF8xNzkzMjExNTQxLndlYnA.webp)
Fortive reported third-quarter 2026 revenue of $1.1 billion, up 8% year-over-year and 7.2% core growth.
Fifth Quarter of Core Growth Acceleration
Fortive achieved fifth consecutive quarter of sequential core growth acceleration at 7.2%.
Adjusted EPS Growth
Adjusted EPS climbed 13% to $0.77, marking fifth straight quarter of double-digit growth.
Full-Year EPS Guidance Raised
Management raised full-year 2026 adjusted EPS guidance to $3.10-$3.14, implying 15% growth at midpoint.
Revenue and Core Growth Targets
Fortive now expects full-year reported revenue just north of $4.4 billion with core growth just north of 5%.
Intelligent Operating Solutions Growth
Intelligent Operating Solutions delivered 10% reported growth and 9% core growth, led by Fluke, FALS software, and gas detection.
Advanced Healthcare Solutions Growth
Advanced Healthcare Solutions grew 3.7% reported and 3.1% core, with contributions from low-temperature sterilization capital.
Adjusted Gross Margin Contraction
Adjusted gross margin contracted 80 basis points to approximately 63% on product mix dynamics.
Share Repurchase and Dividend
Fortive repurchased $300 million in shares, bringing total buybacks to $2.3 billion, and raised quarterly dividend by 17%.
Data Center Opportunity
Data centers represent low-single-digit revenue opportunity with significant long-term potential for Fortive.
Regional Performance
North America led with 61.2% of revenue, while China remains challenged and APAC performed solidly.
Q3 Earnings Call Highlights
CEO Olumide Soroye highlighted data centers as a low-single-digit revenue opportunity with significant upside.
What matters most
Fortive raised full-year 2026 adjusted EPS guidance to $3.10-$3.14, implying 15% growth at midpoint, after reporting 7.2% core growth for fifth consecutive quarter.
