Fortive Surges to 121st in Trading Volume with $719 Million Turnover Despite Stock Decline

On May 1, 2025, Fortive (FTV) experienced a significant increase in trading volume, with a turnover of $719 million, marking a 271.34% rise from the previous day. This surge placed Fortive at the 121st position in the day's stock market rankings. However, despite the high trading volume, the stock price of Fortive declined by 4.18%.

Fortive reported its first-quarter 2025 financial results, revealing net earnings of $172 million. Adjusted net earnings for the same period were $292 million, indicating a strong performance despite the market's revenue expectations not being met.

The company's revenue for the quarter was $1.47 billion, slightly below the consensus estimate of $1.49 billion. The sales results were driven by price increases across various segments and volume increases in dosimetry services and software products. However, the revenue decrease of 3% year-over-year contributed to the stock's decline.

Fortive's guidance for fiscal year 2025 includes an EPS range of $3.80 to $4.00, reflecting the company's outlook despite the first-quarter revenue miss. The earnings per share (EPS) for the first quarter were reported as $0.50 on a GAAP basis and $0.85 on an adjusted basis, meeting market expectations.