Vontier Corp expected to post earnings of 78 cents a share - Earnings Preview

Vontier

13/02/2024 14:48

* Vontier Corp  VNT.N   VNT  is expected to show a fall in
quarterly revenue when it reports  results on February 15 for
the period ending December 31 2023
    * The Raleigh North Carolina-based  company is expected to
report
a 10.5% decrease in revenue to $780.298 million from $871.9
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on November
2 2023, for the period ended December 31, was for revenue
between $770.00 million and $780.00 million.
    * ​LSEG's mean analyst estimate for Vontier Corp is for
earnings
of 78 cents per share. The company's EPS guidance on November 2
2023, for the period ended December 31, was between $0.75 and
$0.79 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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
$40.00​, above​ its last closing price of $36.77. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.78        0.78       0.81      Beat    3.7
 ​​Sep.        0.86        0.86       0.86      Met     0.6
 30 2022                                                
 Jun. 30 2022  0.71        0.70       0.72      Beat    3.4​
 Mar. 31 2022  0.66        0.66       0.70      Beat    6.7
 Dec. 31 2021  0.80        0.80       0.83      Beat    3.5
 This summary was machine generated February 13 at 14:48 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)