Vontier Corp expected to post earnings of 70 cents a share - Earnings Preview

Vontier

30/04/2024 19:02

* Vontier Corp  VNT.N   VNT  is expected to show a fall in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Raleigh North Carolina-based  company is expected to
report
a 2.9% decrease in revenue to $753.899 million from $776.4
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on February
15 2024, for the period ended March 31, was for revenue between
$745.00 million and $760.00 million.
    * ​LSEG's mean analyst estimate for Vontier Corp is for
earnings
of 70 cents per share. The company's EPS guidance on February 15
2024, for the period ended March 31, was between $0.68 and
$0.72 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"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
$47.00​, above​ its last closing price of $41.52. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.78        0.78       0.80      Beat    2.2
 Sep. 30 2023  0.68        0.68       0.73      Beat    7
 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.        0.78        0.78       0.81      Beat    3.7
 31 2022                                                
 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. 31 2022  0.66        0.66       0.70      Beat    6.7
 This summary was machine generated April 30 at 18:02 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)