Veralto Q4 Adj EPS $0.87 Beats $0.81 Estimate, Sales $1.29B Beat $1.25B Estimate
Portfolio Pulse from Benzinga Newsdesk
Veralto (NYSE:VLTO) reported Q4 adjusted EPS of $0.87, surpassing the $0.81 estimate, and sales of $1.29B, exceeding the $1.25B estimate. This represents an 8.75% increase in earnings and a 3.21% increase in sales compared to the same period last year.
February 06, 2024 | 9:33 pm
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Veralto reported a strong Q4 with adjusted EPS of $0.87 and sales of $1.29B, beating estimates and showing year-over-year growth.
Veralto's Q4 earnings and sales not only surpassed analyst estimates but also showed significant growth compared to the previous year. This positive performance is likely to instill investor confidence and could lead to a short-term uptick in VLTO's stock price, given the better-than-expected financial health and growth trajectory of the company.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100