Fortive Gains on 4Q Earnings Beat, 2026 Guidance

Dow Jones02-04 23:37

By Elias Schisgall

Shares of Fortive rose after the company's fourth quarter earnings and 2026 outlook beat Wall Street expectations.

Shares were up 10.5% to $60 in Wednesday morning trading. The stock has fallen 26% over the past 12 months,

The industrial technology company on Wednesday posted a profit of $185.7 million, or 58 cents a share, down from a profit of $208.8 million, or 60 cents a share, a year earlier.

On an adjusted basis, the company recorded earnings of 90 cents a share. Analysts polled by FactSet were expecting 84 cents a share.

Sales grew to $1.12 billion, up from $1.07 billion a year earlier.

Fortive said it expects 2026 adjusted earnings of between $2.90 and $3.00 a share, ahead of Wall Street's expectation of $2.84 a share.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

February 04, 2026 10:37 ET (15:37 GMT)

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The stock has fallen 26% over the past 12 months, \n\n\n  The industrial technology company on Wednesday posted a profit of $185.7 million, or 58 cents a share, down from a profit of $208.8 million, or 60 cents a share, a year earlier. \n\n\n  On an adjusted basis, the company recorded earnings of 90 cents a share. 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