Veralto Corp expected to post earnings of 85 cents a share - Earnings Preview

Veralto

21/10/2024 22:59

* Veralto Corp  VLTO.N   VLTO.K  is expected to show a rise
in
quarterly revenue when it reports  results on October 23 for the
period ending September 30 2024
    * The Waltham Massachusetts-based  company is expected to
report a
3.9% increase in revenue to $1.304 billion from $1.26 billion a
year ago, according to the mean estimate from 11 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Veralto Corp is for
earnings
of 85 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Veralto
Corp is
$117.00​, above​ its last closing price of $113.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.77        0.80       0.85      Beat    5.9
 Jan. 1 2024   0.77        0.76       0.84      Beat    9.9
 Dec. 31 2023  0.81        0.81       0.87      Beat    7.8​
 Sep. 30 2023  0.71        0.70       0.75      Beat    7.1
 ​​                                                     
                                                        ​
 This summary was machine generated October 21 at 21:58 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)