Veralto Q3 2024 Adj. EPS $0.89 Beats $0.85 Estimate, Sales $1.314B Beat $1.304B Estimate
Portfolio Pulse from Benzinga Newsdesk
Veralto (NYSE:VLTO) reported Q3 2024 earnings per share of $0.89, surpassing the analyst estimate of $0.85. The company's sales reached $1.314 billion, exceeding the expected $1.304 billion and marking a 4.70% increase from the previous year.
October 23, 2024 | 8:31 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Veralto's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $0.89 and sales at $1.314 billion. This performance indicates strong financial health and growth, likely boosting investor confidence.
Veralto's earnings per share and sales both exceeded analyst estimates, which is typically a positive indicator for stock performance. The 4.70% increase in sales from the previous year further supports a positive outlook, suggesting growth and operational efficiency.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100