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6 days agoWhirlpool Stocks Drops After Q3 Earnings
Whirlpool's EPS beat masks weakening fundamentals: declining profits, negative operating and free cash flow, rising capex, and only modest revenue growth.
Fortive's third quarter showed the company making progress on its strategic simplification. Adjusted EBITDA climbed 10.4% year over year to $309M, a meaningful gain that signals operational discipline is taking hold. Revenue came in at $1.027B, beating estimates by $20M on 2.3% year-over-year growth. Within that, Intelligent Operating Systems revenue reached $699M (up 2.6%), while Advanced Healthcare Solutions contributed $328M (up 1.9%). Both segments moved forward despite the company's ongoing portfolio restructuring.