Veralto (NYSE:VLTO) Hits New 1-Year High After Better-Than-Expected Earnings
The company cited stronger Water Quality demand, margin gains and $304 million in free cash flow as it lifted full-year adjusted EPS guidance.
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Said on Its Q3 Earnings Call
Key Points Interested in Veralto Corporation? Here are five stocks we like better. Veralto delivered strong Q3 results, with total sales up 7.5%, adjusted EPS up 19.2% and $304 million in free cash flow. Core sales grew 5.1%, led by 6.4% growth in Water Quality. The company raised its…
Veralto (VLTO) After The Earnings Beat And Higher Outlook Looks Close To Fair Value
Veralto (VLTO) just cleared Q3 expectations, reporting adjusted earnings of $1.18 per share on US$1.51b in revenue, and management lifted full year EPS guidance despite earlier share underperformance. The latest beat and higher guidance have quickly shifted sentiment around Veralto, with the 1-day share price return of 6.77% at US$111.10 capping a 30-day share price return of 17.79% and a 1-year total shareholder return of 13.22%. The 3-year tot…
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