Upbeat automation cycle prompts Fortive to lift annual earnings view

Following stronger-than-expected third-quarter results, Fortive lifted its full-year earnings outlook, citing robust demand for industrial automation software and precision technologies. Management highlighted margin expansion within instrumentation and connected-platforms businesses despite lingering input-cost pressures. Adoption of digital monitoring across manufacturing, utilities, and energy supported recurring revenue growth and backlog stability. Executives said supply chains have largely normalized, enabling faster deliveries and improved cash conversion. Analysts indicated the updated guidance reflects resilient end-markets and expanding software mix that could smooth cyclicality through 2026. Shares were indicated higher in after-hours trading on the update.