Vontier Corp expected to post earnings of 69 cents a share - Earnings Preview

Vontier

29/10/2024 13:48

* Vontier Corp  VNT.N   VNT  is expected to show a fall in
quarterly revenue when it reports  results on October 31 for the
period ending September 30 2024
    * The Raleigh North Carolina-based  company is expected to
report
a 4.8% decrease in revenue to $728.342 million from $765.4
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on August 1
2024, for the period ended September 30, was for revenue between
$715.00 million and $740.00 million.
    * ​LSEG's mean analyst estimate for Vontier Corp is for
earnings
of 69 cents per share. The company's EPS guidance on August 1
2024, for the period ended September 30, was between $0.67 and
$0.71 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Vontier
Corp is
$41.00​, above​ its last closing price of $34.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.70        0.70       0.63      Missed  -10.6
 Mar. 31 2024  0.71        0.70       0.74      Beat    5
 Dec. 31 2023  0.78        0.78       0.80      Beat    2.2​
 Sep. 30 2023  0.68        0.68       0.73      Beat    7
 ​​Jun.        0.66        0.65       0.67      Beat    2.6
 30 2023                                                
 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
 This summary was machine generated October 29 at 13:47 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)