Fortive Corporation (NYSE:FTV) Q3 2024 Earnings Conference Call October 30, 2024 12:00 PM ET

Company Participants

Elena Rosman - Vice President of Investor Relations
James Lico - President and Chief Executive Officer
Charles McLaughlin - Senior Vice President and Chief Financial Officer

Conference Call Participants

Nigel Coe - Wolfe Research
Julian Mitchell - Barclays
Joe Giordano - TD Cowen
Jeffrey Sprague - Vertical Research Partners
Scott Davis - Melius Research
Andrew Kaplowitz - Citigroup
Andrew Obin - Bank of America
Jamie Cook - Truist
Deane Dray - RBC Capital Markets
Christopher Snyder - Morgan Stanley
Joseph O'Dea - Wells Fargo

Operator

My name is Brock, and I will be your conference facilitator this afternoon. At this time, I would like to welcome everyone to Fortive Corporation's Third Quarter 2024 Earnings Results Conference Call. [Operator Instructions]

I would now like to turn the call over to Ms. Elena Rosman, Vice President of Investor Relations. Ms. Rosman, you may begin.

Elena Rosman

Thank you, Brock, and thank you, everyone, for joining us on today's call. With us today are Jim Lico, our President and Chief Executive Officer; and Chuck McLaughlin, our Senior Vice President and Chief Financial Officer.

We present certain non-GAAP financial measures on today's call. Information required by Regulation G is available on the Investors section of our website at fortive.com. Our statements on period-to-period increases or decreases refer to year-over-year comparisons unless otherwise specified.

During the call, we will make forward-looking statements, including statements regarding events or developments that we expect or anticipate will or may occur in the future. These forward-looking statements are subject to a number of risks, and actual results might differ materially from any forward-looking statements we make today. Information regarding these risk factors is available in our SEC filings, including our annual report on Form 10-K for the year ended December 31, 2023, and quarterly report on Form 10-Q for the quarter ended September 27, 2024. These forward-looking statements speak only as of the date that they are made, and we do not assume an obligation to update any forward-looking statements.

With that, I'd like to turn the call over to Jim.

James Lico

Thanks, Elena. Hello, everyone, and thank you for joining us.

I'll begin on Slide 3. Our third quarter results showcase strong execution across our businesses, allowing us to deliver earnings and free cash flow at the high end of our guidance with 14% adjusted EPS and 12% free cash flow growth on 3% revenue growth.