We recently published 10 Stocks With Monster Gains. Fortive Corp. (NYSE:FTV) was one of the top performers on Wednesday.
Industrial technology firm Fortive Corp. (NYSE:FTV) extended its winning streak to a third consecutive day on Wednesday, jumping 10.63 percent to close at $60.13 apiece as investor sentiment was boosted by its strong earnings performance for both the full year and fourth quarter of 2025.
In an updated report, the company said that net income from continuing operations jumped by 10 percent to $532.7 million from $482.5 million in 2024. Including discontinued operations, net income declined by 30 percent to $579.2 million from $832.9 million year-on-year.
Meanwhile, sales inched up by 1.7 percent to $4.16 billion from $4.08 billion year-on-year.
In the fourth quarter alone, net income from continuing operations inched up by 0.88 percent to $191.5 million from $193.2 million. Including discontinued operations, net profit was at $185.7 million, lower by 11 percent than the $208.8 million registered in the same quarter a year earlier.
Sales, on the other hand, were up by 4.6 percent to $1.12 billion versus $1.07 billion year-on-year.
For this year, Fortive Corp. (NYSE:FTV) is targeting to end at earnings per share of $2.90 to $3, versus $2.71 in 2025.
In other news, Fortive Corp. (NYSE:FTV) also announced that its president and CEO, Olumide Soroye, and Chief Finance Officer Mark Okerstrom, are set to present at the Citi 2026 Global Industrial Tech and Mobility Conference on February 17 and at the Barclays 43rd Annual Industrial Select Conference on February 18.
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Disclosure: None. This article is originally published at Insider Monkey.
