Fortive earnings guidance for 2026 increased on October 28, after the technology company reported higher third-quarter revenue and profit. Fortive now expects adjusted diluted earnings of $3.10 to $3.14 per share, up from its previous forecast of $2.95 to $3.05.

Fortive earnings and full-year outlook

In its third-quarter results announcement, Fortive attributed the higher forecast to strong performance so far in 2026 and confidence in the direction of the business. The new range is a forecast, not a completed full-year result.

Third-quarter revenue rose 7.8% from a year earlier to $1.11 billion. Adjusted diluted earnings increased 13.2% to $0.77 per share, while GAAP diluted earnings rose 62.9% to $0.57.

Buybacks and share trading

Fortive repurchased approximately $300 million of shares during the quarter. That brought its total repurchases since the launch of the new Fortive to about $2.3 billion.

Shares traded at $62.22 in pre-market trading on October 28, up $0.60, or 0.97%. Fortive scheduled an investor conference call to discuss its results and outlook for noon Eastern time that day.

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