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Fortive — Feb 7, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001659166-25-000014
Open on SEC.gov ↗
Showing in the filing
Forecasted Adjusted Diluted Net Earnings Per Share (Non-GAAP)
“$0.83 to $0.86”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 11
GAAP diluted EPS (2025 outlook) for FY2025
“$2.38 to $2.50”
GAAP diluted EPS year-over-year increase (20… for FY2025
“1% to 6%”
Adjusted diluted EPS (2025 outlook) for FY2025
“$4.00 to $4.12”
Adjusted diluted EPS year-over-year increase… for FY2025
“3% to 6%”
Separation of PT segment expected close for Q3 FY2025
“early Q3’25”
Revenue for Q1 FY2025
“$1.48 billion to $1.51 billion”
Diluted net earnings per share for Q1 FY2025
“$0.39 to $0.42”
Forecasted Diluted Net Earnings Per Share (G… for FY2025
“$0.39 to $0.42”
Adjusted diluted net earnings per share for Q1 FY2025
“$0.83 to $0.86”
Forecasted Adjusted Diluted Net Earnings Per… for FY2025
“$0.83 to $0.86”
Revenue for FY2025
“approximately $6.23 billion to $6.35 billion”
Exhibit 99.1 · the passage around this item
… earlier in the release
As we look ahead, Fortive is poised for improving core sales growth and continued strong operating performance again in 2025.” For the first quarter of 2025, Fortive anticipates revenue of $1.48 billion to $1.51 billion, diluted net earnings per share of $0.39 to $0.42 and adjusted diluted net earnings per share of $0.83 to $0.86. 1 For the full year 2025, Fortive anticipates revenue of approximately $6.23 billion to $6.35 billion, diluted net earnings per share of $2.38 to $2.50, and adjusted diluted net earnings per share of $4.00 to $4.12. The foregoing guidance for the full year 2025 does not give effect to the pending separation of the Precision Technologies segment. Mr. Lico continued, “We have a proven track record of evolving Fortive to ensure sustained performance. Our enhanced portfolio of leading brands and dedication to the Fortive Business System have enabled us to deliver consistent, compounding results over the past five years. As we move through the separation, we are well-prepared to continue this success in 2025 and beyond. I am incredibly excited for the future. Both companies are strategically positioned to build on our performance history and thrive with focused growth and capital allocation strategies that reflect our unwavering commitment to creating sustained value for all stakeholders.” Update on Pending Separation Into Two Independent, Publicly Traded Companies On September 4, 2024, Fortive announced its intention to separate its Precision Technologies business into an independent
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.