Industrial technology company Fortive (NYSE:FTV) will be reporting earnings tomorrow morning. Here’s what investors should know.

Fortive met analysts’ revenue expectations last quarter, reporting revenues of $1.55 billion, up 1.7% year on year. It was a slower quarter for the company, with revenue guidance for next quarter missing analysts’ expectations and a miss of analysts’ organic revenue estimates.

Is Fortive a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Fortive’s revenue to grow 3.9% year on year to $1.55 billion, improving from the 2.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.93 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Fortive has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Fortive’s peers in the industrial machinery segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Snap-on posted flat year-on-year revenue, beating analysts’ expectations by 7.8%, and Flowserve reported revenues up 3.5%, in line with consensus estimates. Snap-on traded up 9.4% following the results.

Read our full analysis of Snap-on’s results here and Flowserve’s results here.

Investors in the industrial machinery segment have had steady hands going into earnings, with share prices flat over the last month. Fortive is down 4.8% during the same time and is heading into earnings with an average analyst price target of $89.49 (compared to the current share price of $75.16).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.