Veralto Guides Q3 Adj EPS $1.06-$1.09, Setting the Bar for the Quarter
VLTO sits 26% above its 52-week low of $80.03.
Summary
Veralto issued Q3 adjusted EPS guidance of $1.06 to $1.09, a new data point for the quarter. The company has not previously provided Q3 numbers, so this range establishes expectations. It follows a strong Q1 where full-year guidance was raised and a $300M buyback was executed. The midpoint of $1.075 will be compared to consensus estimates; any deviation could move the stock. No revenue or other operational metrics were disclosed alongside the EPS range.
At the time of this announcement, VLTO was trading at $100.50 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $24.2B. The 52-week trading range was $80.03 to $110.11. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.