Overview
US industrial technology firm's Q1 sales rose 1.3%, beating analyst expectations
Adjusted diluted net EPS for Q1 met analyst expectations
Outlook
Company expects Q2 adjusted diluted net EPS of $0.78 to $0.81
Vontier reaffirms FY 2026 adjusted diluted net EPS guidance of $3.35 to $3.50
Result Drivers
FUELING DEMAND - Environmental & Fueling Solutions segment growth led by strong demand for fuel dispensing equipment and aftermarket parts
LOWER VEHICLE ID SHIPMENTS - Mobility Technologies sales fell due to lower shipments of vehicle identification solutions, despite strong demand for payment and point-of-sale technologies
MACRO PRESSURE ON TECHNICIANS - Repair Solutions sales held flat as growth initiatives offset macroeconomic pressures impacting service technicians’ discretionary spending
Company press release: ID:nBw8dkzpza
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$750.60 mln
$737.08 mln (8 Analysts)
Q1 Adjusted EPS
Meet
$0.80
$0.80 (10 Analysts)
Q1 EPS
$0.66
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the electronic equipment & parts peer group is "buy"
Wall Street's median 12-month price target for Vontier Corp is $49.33, about 40.8% above its May 6 closing price of $35.04
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)