Vontier Q2 Adj $0.63 Misses $0.70 Estimate, Sales $696.40M Miss $746.43M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vontier (NYSE:VNT) reported Q2 earnings of $0.63 per share, missing the analyst estimate of $0.70. Sales were $696.40M, also below the $746.43M estimate. Both earnings and sales decreased compared to the same period last year.
August 01, 2024 | 10:31 am
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Vontier's Q2 earnings and sales both missed analyst estimates, with earnings at $0.63 per share and sales at $696.40M. Both figures also declined compared to the same period last year.
Vontier's earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. The decline in both metrics compared to the same period last year further adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100