Veralto Corp reports results for the quarter ended in September - Earnings Summary

Veralto

26/10/2023 18:31

* Veralto Corp  VLTO.N  reported quarterly adjusted earnings
of 75
cents​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for earnings
of 70 cents per share.
    * Revenue was $1.26 billion​; analysts expected $1.21
billion. 
    * Veralto Corp's reported EPS for the quarter was 83 cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Veralto Corp shares had fallen by 16.3% this quarter.
    * The company reported quarterly net income of $205 million.
    * Wall Street's median 12-month price target for Veralto
Corp is
$82.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 05:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.70           0.75           Beat