Vontier Corp reports results for the quarter ended in June - Earnings Summary

Vontier

03/08/2023 14:34

* Vontier Corp  VNT.N  reported quarterly adjusted earnings
of 67
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 65 cents per share.
    * Revenue fell 1.5% to $764.40 million from a year ago;
analysts
expected $747.95 million. 
    * Vontier Corp's reported EPS for the quarter was 62 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Vontier Corp shares had fallen by 5.7% this quarter and
gained 57.1% so far this year.
    * The company reported quarterly net income of $97.3
million.
    * Wall Street's median 12-month price target for Vontier
Corp is
$34.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:34 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.65           0.67           Beat
 Mar. 31 2023      0.61           0.68           Beat
 Dec. 31 2022      0.78           0.81           Beat
 Sep. 30 2022      0.86           0.86           Met