Fortive Corporation (NYSE:FTV ) Q4 2024 Earnings Conference Call February 7, 2025 12:00 PM ET Company Participants Elena Rosman - Vice President of Investor Relations James Lico - President and Chief Executive Officer Charles McLaughlin - Senior Vice President and Chief Financial Officer Conference Call Participants Robert Mason - Baird Julian Mitchell - Barclays Nigel Coe - Wolfe Research Stev...
Industrial products maker Fortive on Friday forecast annual profit and revenue below Wall Street estimates, anticipating sluggish demand for its products.
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the fourth quarter and full year 2024. For the fourth quarter, net earnings were $209 million. For the same period, adjusted net earnings were $406 million. Diluted net earnings per share for the fourth quarter were $0.60. For the same period, adjusted diluted net earnings per shar...
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that its Precision Technologies segment expected to be separated as a new independent, public company has been named Ralliant Corporation (“Ralliant”). Ralliant is trusted for precision technologies that advance next generation innovation and safeguard mission-critical applications through leading brand...
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that its Board of Directors has appointed Sharmistha “Shar” Dubey as the Chair of the Board. Ms. Dubey succeeds Alan G. Spoon who has notified the Board that he will retire from the Board and not stand for reelection at the upcoming Annual General Meeting in June 2025. “It has been a privilege to serve ...
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common stock, par value $0.01 per share, payable on March 28, 2025 to common stockholders of record on February 28, 2025. Although Fortive expects to pay dividends on a quarterly basis, any subsequent declar...
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the fourth quarter 2024 on Friday, February 7, 2025 beginning at 12:00 p.m. ET and lasting approximately 1 hour. The call and an accompanying slide presentation will be webcast on the "Investors" section of Fortive's website, www.fortive.com, under "...
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) has been notified of an unsolicited “mini-tender offer” by TRC Capital Investment Corporation (“TRC”) for TRC to purchase for cash up to 1,500,000 shares, or approximately 0.44%, of the outstanding common stock of Fortive, at a price of $75.00 per share. TRC's offer price of $75.00 per share represents a 4.93% discount...
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