08:13 AM EDT, 07/24/2024 (MT Newswires) -- Fortive ( FTV ) reported Q2 adjusted net earnings Wednesday of $0.93 per diluted share, up from $0.85 a year earlier.

Analysts polled by Capital IQ expected $0.92.

Revenue for the quarter ended June 28 was $1.55 billion, up from $1.53 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.57 billion.

The company said it expects Q3 adjusted EPS of $0.92 to $0.95 on revenue of about $1.55 billion. Analysts surveyed by Capital IQ expect adjusted EPS of $0.95 and revenue of $1.59 billion.

Fortive ( FTV ) said it expects full-year 2024 adjusted EPS of $3.80 to $3.86, up from the previous outlook of $3.77 to $3.86. Analysts surveyed by Capital IQ expect $3.81. The company expects full-year 2024 revenue of about $6.25 billion to $6.30 billion, compared with the previous outlook of $6.35 billion to $6.43 billion. Analysts surveyed by Capital IQ expect $6.38 billion.

Shares of the industrial technology company were down 1.1% in recent premarket activity Wednesday.

Price: 75.84, Change: -0.84, Percent Change: -1.10