Vontier Corp FY24 Outlook: Sees Sales Of $2.955B-$2.985B (Prior $2.90B-$3.00B) Vs. 2.95B Estimate, Projects Adjusted EPS Of $2.86-$2.92 (Prior $2.80-$3.00) Vs. $2.85 Estimate
Vontier Corporation Common Stock +1.83%
Vontier Corporation Common Stock VNT | 36.72 | +1.83% |
2024 Outlook
- Total sales $2,955 to $2,985 million; Core sales +0.7% to +1.7%
- Adjusted operating profit margin approximately flat year-over-year
- Adjusted diluted net earnings per share in the range of $2.86 to $2.92
- Adjusted free cash flow conversion of ~90%
Q4 2024 Outlook
- Total sales approximately $770 million; Core sales approximately +1.5%
- Adjusted operating profit margin down approximately 20 basis points year-over-year
- Adjusted diluted net earnings per share approximately $0.79
