Vontier Corp expected to post earnings of 68  cents a share - Earnings Preview

Vontier

31/10/2023 18:52

* Vontier Corp  VNT.N   VNT  is expected to show a fall in
quarterly revenue when it reports  results on November 2. 
    * The Raleigh North Carolina-based  company is expected to
report 
a 4.5% decrease in revenue to $752.646 million from $788 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on August 3
2023, for the period ended September 30, was for revenue between
$740.72 million and $756.48 million.
    * ​Refinitiv's mean analyst estimate for Vontier Corp is for
earnings of 68 cents per share. The company's EPS guidance on
August 3 2023, for the period ended September 30, was between
$0.65 and $0.69 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"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 $29.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.66        0.65       0.67      Beat    2.6
 Mar. 31 2023  0.61        0.61       0.68      Beat    11.6
 Dec. 31 2022  0.78        0.78       0.81      Beat    3.7​
 Sep. 30 2022  0.86        0.86       0.86      Met     0.6
 ​​Jun.        0.71        0.70       0.72      Beat    3.4
 30 2022                                                
 Mar. 31 2022  0.66        0.66       0.70      Beat    6.7​
 Dec. 31 2021  0.80        0.80       0.83      Beat    3.5
 Sep. 30 2021  0.74        0.73       0.80      Beat    10
 This summary was machine generated October 31 at 18:51 GMT.  All
figures in US dollars  unless otherwise stated