secwatch / observer
8-K filed May 4, 2023, 7:59 PM ET ticker VNT CIK 0001786842
earnings confidence high sentiment positive materiality 0.75

Vontier beats Q1 estimates, raises FY2023 adjusted EPS guidance to $2.77-$2.87

Vontier Corp

2023-Q1 EPS reported $0.53 revenue$776,400,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Vontier Corp reported second quarter 2023 results: EPS Adjusted diluted EPS $0.61 to $0.66. Guidance initiated.

Period
second quarter 2023
EPS
Adjusted diluted EPS $0.61 to $0.66
Guidance
initiated
Result
guidance update
Exact text from the filing
Initiating Q2 2023 guidance for Adjusted diluted net EPS of $0.61 to $0.66
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Vontier Corp reported full year 2023 results: EPS Adjusted diluted EPS in the range of $2.77 to $2.87, compares to the prior range of $2.73 to $2.83. Guidance raised.

Period
full year 2023
EPS
Adjusted diluted EPS in the range of $2.77 to $2.87, compares to the prior range of $2.73 to $2.83
Guidance
raised
Result
guidance update
Exact text from the filing
Adjusted diluted EPS in the range of $2.77 to $2.87, compares to the prior range of $2.73 to $2.83
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Vontier Corp reported quarter ended March 31, 2023 results: revenue $776.4 million, net income $82.8 million, EPS diluted net earnings per share of $0.53 and adjusted diluted net earnings per share of $0.68.

Period
quarter ended March 31, 2023
Revenue
$776.4 million
Net income
$82.8 million
EPS
diluted net earnings per share of $0.53 and adjusted diluted net earnings per share of $0.68
Result
reported results
Exact text from the filing
Reported sales in the first quarter increased 3.8% year-over-year to $776.4 million, reflecting an increase in core sales of 3.9%. Core sales growth was driven by continued underlying momentum across the portfolio, as well as strong pricing realization and improving supply chain conditions. Operating profit of $133.8 million declined 1% versus the prior year, and operating profit margin decreased 80 basis points, to 17.2%. Adjusted operating profit of $161.2 million declined 1.3% versus the prior year, and adjusted operating profit margin decreased approximately 100 basis points, to 20.8%. Net earnings were $82.8 million and adjusted net earnings were $106.1 million, resulting in diluted net earnings per share of $0.53 and adjusted diluted net earnings per share of $0.68.
View on SEC.gov

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Source: SEC EDGAR
accession 0001786842-23-000034
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