Water solutions firm Veralto's Q4 adjusted EPS beats estimates

Veralto

03/02/2026 21:39

Overview

Water solutions firm's Q4 sales rose 3.8% yr/yr, meeting analyst expectations

Adjusted EPS for Q4 beat analyst estimates

Company announced $750 mln share repurchase program and 18% dividend increase

Outlook

Veralto expects Q1 2026 non-GAAP core sales growth flat to low-single digits

Company targets Q1 2026 adjusted EPS between $0.97 and $1.01

Veralto forecasts full-year 2026 adjusted EPS between $4.10 and $4.20

Result Drivers

ACQUISITION EXPANSION - Acquisition of In-Situ expanded water analytics portfolio into high growth environmental water markets

SHARE REPURCHASE PROGRAM - Established $750 mln share repurchase program and increased dividend by 18%

OPERATIONAL EFFICIENCY - VES-driven execution improved operating efficiency in dynamic macro-economic environment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Meet
$1.40 bln
$1.40 bln (14 Analysts)
Q4 Adjusted EPS
Beat
$1.04
$0.98 (14 Analysts)
Q4 EPS
$1.01
Q4 Adjusted Net Income
Beat
$261 mln
$245.05 mln (11 Analysts)
Q4 Net Income
$254 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the environmental services & equipment peer group is "buy"

Wall Street's median 12-month price target for Veralto Corp is $113.50, about 11.8% above its February 2 closing price of $101.48

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nPn58MQ03a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)