Vontier Corp Expects Q4 Revenue Of $770M Vs $765.51M Est, Adj EPS Of $0.79 In Line With Est
Portfolio Pulse from Benzinga Newsdesk
Vontier Corp anticipates Q4 2024 revenue of $770 million, slightly above estimates, with adjusted EPS in line with expectations. Core sales are expected to grow by 1.5%, but the adjusted operating profit margin is projected to decrease by 20 basis points year-over-year.
October 31, 2024 | 10:40 am
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Vontier Corp's Q4 2024 revenue is expected to be $770 million, slightly above estimates, with adjusted EPS in line with expectations. Core sales are projected to grow by 1.5%, but the adjusted operating profit margin is expected to decrease by 20 basis points year-over-year.
The revenue projection slightly exceeding estimates is a positive sign, but the decrease in operating profit margin offsets this, leading to a neutral short-term impact on the stock price. The EPS being in line with expectations further supports a neutral outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100