Fortive Reports Strong First Quarter 2022 Results; Raises Full Year 2022 Outlook

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CFRA Upgrades Fortive (FTV) to Buy

April 28, 2022 9:43 AM EDT

CFRA upgraded Fortive (NYSE: FTV) from Hold to Buy with a price target of $74.00 (from $70.00).

For an analyst ratings summary and ratings history on Fortive click here. For more ratings news on Fortive click here.

Shares of Fortive closed at $57.73 yesterday.

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Fortive (FTV) Tops Q1 EPS by 2c; Raises FY Outlook

April 28, 2022 7:33 AM EDT

Fortive (NYSE: FTV) reported Q1 EPS of $0.70, $0.02 better than the analyst estimate of $0.68. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.35 billion.

GUIDANCE:

Fortive raises FY2022 EPS to $3.04-$3.13, versus the consensus of $3.09.

For earnings history and earnings-related data on Fortive (FTV) click here.

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