Veralto Q2 2024 Adj EPS $0.85 Beats $0.80 Estimate, Sales $1.288B Beat $1.277B Estimate
Portfolio Pulse from Benzinga Newsdesk
Veralto (NYSE:VLTO) reported Q2 2024 adjusted EPS of $0.85, beating the $0.80 estimate. Sales were $1.288 billion, surpassing the $1.277 billion estimate.
July 25, 2024 | 8:31 pm
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Veralto (NYSE:VLTO) reported Q2 2024 adjusted EPS of $0.85, beating the analyst consensus estimate of $0.80 by 6.25%. Sales were $1.288 billion, surpassing the $1.277 billion estimate by 0.83%.
The better-than-expected EPS and sales figures are likely to positively impact Veralto's stock price in the short term. Beating both earnings and sales estimates generally boosts investor confidence and can lead to a stock price increase.
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