Fortive reports Q4 adjusted EPS 98c, consensus 94c

Reports Q4 revenue $1.58B, consensus $1.56B. James Lico, president and CEO, stated, “Fortive generated outstanding operating performance in the fourth quarter and 2023. Our transformed portfolio of businesses is delivering more consistent and profitable through-cycle growth. Throughout 2023, we focused on unleashing the power of the Fortive Business System, helping to drive operational and commercial success, record margins, and accelerated returns on organic and inorganic investments.”