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

Vontier

04/05/2023 14:34

* Vontier Corp  VNT.N  reported quarterly adjusted earnings
of 68
cents​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for earnings of
61 cents per share.
    * Revenue rose 3.8% to $776.40 million from a year ago;
analysts
expected $726.13 million. 
    * Vontier Corp's reported EPS for the quarter was 53 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.5%
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 2.4% this quarter and
gained 38.1% so far this year.
    * The company reported quarterly net income of $82.8
million.
    * Wall Street's median 12-month price target for Vontier
Corp is
$27.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.61           0.68           Beat
 Dec. 31 2022      0.78           0.81           Beat
 Sep. 30 2022      0.86           0.86           Met
 Jun. 30 2022      0.70           0.72           Beat