Vontier Corp expected to post earnings of 65  cents a share - Earnings Preview

Vontier

01/08/2023 19:00

* Vontier Corp  VNT.N   VNT  is expected to show a fall in
quarterly revenue when it reports  results on August 3. 
    * The Raleigh North Carolina-based  company is expected to
report 
a 3.7% decrease in revenue to $747.953 million from $776.4
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on May
4 2023, for the period ended June 30, was for revenue between
$729.82 million and $745.34 million.
    * ​Refinitiv's mean analyst estimate for Vontier Corp is for
earnings of 65 cents per share. The company's EPS guidance on
May 4 2023, for the period ended June 30, was between $0.61 and
$0.66 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"hold" and 1 "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 Vontier
Corp is
$34​, above​ its last closing price of $30.93. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.61        0.61       0.68      Beat    11.6
 Dec. 31 2023  0.78        0.78       0.81      Beat    3.7
 Sep. 30 2022  0.86        0.86       0.86      Met     0.6​
 Jun. 30 2022  0.71        0.70       0.72      Beat    3.4
 ​​Mar.        0.66        0.66       0.70      Beat    6.7
 31 2022                                                
 Dec. 31 2021  0.80        0.80       0.83      Beat    3.5​
 Sep. 30 2021  0.74        0.73       0.80      Beat    10
 Jun. 30 2021  0.56        0.55       0.61      Beat    10.4
 This summary was machine generated August 1 at 18:00 GMT.  All
figures in US dollars  unless otherwise stated