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Fortive rises after upbeat annual profit forecast

By Reuters News

** Shares of industrial equipment maker Fortive FTV.N up ~4% at $64 premarket

** Fortive forecasts FY26 adj. EPS above analysts estimates, after posting better-than-expected Q3 results

** Sees annual adj. EPS in the range of $3.10 to $3.14, the midpoint of which is above Wall Street estimate of $3.01

** Co's quarterly revenue rose 7.8% to $1.11 billion, above analysts' estimate of $1.07 billion

** Posts Q3 adj. EPS of $77 cents, above analysts' estimate of 70 cents - data compiled by LSEG

** As of last close, stock up ~12% YTD

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