earnings
confidence high
sentiment negative
materiality 0.75
Vontier Q3 adjusted EPS $0.86 (+8% YoY) but cuts FY22 adjusted EPS guidance to $3.00-$3.05
Vontier Corp
2022-Q3 EPS reported
$2.06
revenue$2,312,500,000
- GAAP EPS $0.32; adjusted EPS $0.86, up 8% YoY.
- Revenue $788M (+2.5% YoY); core revenue down 1.9% (+3% ex-EMV on fueling aftermarket and alt fuels).
- Adjusted operating margin expanded 40 bps on price/cost and cost actions.
- Full-year 2022 adjusted EPS guidance lowered to $3.00-$3.05 from prior $3.20-$3.30.
- Q4 2022 adjusted EPS guidance $0.73-$0.78; GAAP $0.58-$0.63.