Overview
Vontier Q2 sales rise 11.1% yr/yr
Adjusted EPS for Q2 beats consensus at $0.79, per LSEG data
Co raises full-year adjusted EPS guidance to $3.10-$3.20
Outlook
Company raises full-year adjusted EPS guidance to $3.10-$3.20
Vontier initiates Q3 adjusted EPS guidance of $0.74-$0.78
Company expects total sales of $3,020-$3,070 mln for 2025
Vontier sees adjusted operating profit margin expansion of 20-40bps for 2025
Result Drivers
CONVENIENCE RETAIL PAYMENT - Strong demand for convenience retail payment solutions contributed to core sales growth
FUEL DISPENSING EQUIPMENT - Increased demand for above ground fuel dispensing equipment drove Environmental & Fueling Solutions sales
MACROECONOMIC PRESSURES - Ongoing macroeconomic challenges impacted Repair Solutions segment, affecting discretionary spending
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$773.50 mln
$733.60 mln (7 Analysts)
Q2 Adjusted EPS
Beat
$0.79
$0.72 (8 Analysts)
Q2 EPS
$0.62
Q2 Net Income
$91.90 mln
Q2 Operating Profit
$136.40 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy"
Wall Street's median 12-month price target for Vontier Corp is $42.50, about 6.5% above its July 30 closing price of $39.74
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago
Press Release: ID:nBw3ZBHvna
(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.)